With a big day ahead of us, Brainy Smurf is predicting the DJIA to drop 515 points today.
I’ll even go out on a limb and say that the intra-day low will be down 700 points — shortly after the market opens only to recover later in the day.
I don’t like it. I don’t even really understand it, but I’m really glad that everything I have invested in the markets is for the long term. Today’s gonna hurt, but just for a little while.