We have had some weakness in the
market since it hit 14,000.
If you watch business shows or read the paper you will get all sorts of reasons. Oil prices hitting new highs. Housing market in a slump. Some are even saying the dropping interest rates are the cause, because there is a flight to quality from the market.
My best guess is we are going to hear about some hedge fund managers have gotten in trouble again. In the short term it has been my experience short term dramatic swings are caused by screw ups by people who have control over way too much money.
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