Point process the days highs to the lows and back up again. Todays move alone, 849point swing. We were down more than 400 points about an hour ago, and heres what happened. The s p dropped to whats called the 200Day Moving Average. This is a socalled major technical indicator that stretches out over 200 days as a trend. When you drop to that and hit it and go below it, that kind of makes the markets do squirrely things. It triggered a move, and the move was to bounce up higher. People saw that lower level, they swept in at least some of you out there and started buying. But both the dow and the s p 500 we do need to remind you at this moment remain solidly in correction territory. That means its more than 10 off the highs of january 2016. That was a record high. The nasdaq is just slightly below that at the moment. Were watching it tick by tick here. So far the u. S. Markets shedding some 3. 2 trillion this is on paper over that time, and its according to the wilshire 5000 index which
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