Is today the day of reckoning for Wall Street? AIG lost $61 Billion in the last quarter despite our government's attempts to shore them up. And what action did that loss induce from the Government? They're throwing more gasoline on the pyre, another $30 billion in tax payer dollars.
If the DOW closes below 7000 today then the rest of the week will be a race to find the true "bottom" of the market....
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The next key support levels for the S&P and DOW is 500 and 5000 respectively. See at the bottom....
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