An alternate view is that C and JPM engaged in aggressive accting, and financial engineering but likely nothing illegal. Further, the nas broke below its spring 1996 high, by 10 points today. At some point, enough is enough.
Now don't go nuts on me, I am just suggesting. I actually don't give a rats ass about the financials and never worry about them except at tops. When they collapse like this, it's always a time to buy the market for a lt horizon.
That said, can we see 6400 on the dow? Sure
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