Monday, August 08, 2011

WHEEEEEEEEEEEEEEEEEE

I wonder if any serious investor could actually explain what new information "the market" has which could explain why DJIA should be worth 11% less than it was 2 weeks ago.

Down 3.3% today so far, which maybe we could explain on the S&P downgrade except for the fact that Treasury prices (yields) are way up (down).