Dow has dropped >600 points since the election ! and >1000 since the Oct Highs... still in a bearish trend. News from Middle East and the fiscal cliff will drive it lower until something changes.
But that said , traders say we're in for 10-20% correction before or right after the New year. Didn't matter who was elected either... it's been gathering for many months. I hope not but many of these advisors have been around for decades ! I expect the Dow to retreat back below or very near 10,000 (hopefully no more). we may be sliding as we speak !!
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