The DOW is 60 points away from being under 10,000 again.... the Nikkei about 200

[TwixVoy]

Looks like we will be back under 10,000 soon. Not that it means much, but it is an "emotional" level for investors.

So far the market is red for the year. We continue to bleed jobs.

On the upside corporations (both domestic and FOREIGN) are now people under the law and are now able to spend billions to convince the masses who they need to vote for.

Good times.

[NJmaverick]

1. Sometimes investors act like idiot

in this case they paniced and sold because of the 5.6% increase in the GDP

[MercutioATC]

3. Or, they're beginning to realize that the market is seriously overvalued.

Look at historic vs. current P/E ratios for the S&P 500.

[DJ13]

2. The markets have been in a government financed bubble since last March

We really need to see Wall Street hurt before they'll get their shit together and realize they too need a strong economy if they wish to further prosper.

They've been insulated too long from feeling the effects of their own malfeasance.

[xchrom]

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