Yesterday's New Territory for the Dow Jones
I heard on the radio that the Dow set a new record yesterday. It wasn't the highest high, nor the lowest low, nor the biggest rise or fall. It was the largest range, ever. The DOW covered a range of 1,000 points, yesterday. Investors are wondering, is the market at its bottom? People are ready to swoop in and buy, because that's what you do when the market is down. But this may not be the bottom. I don't think it is. Nobody really knows.