Markets Fall
The S&P 500 fell below 1000 today. The DOW below 9500. Some call for a DOW in the 8000 range, others as low as the 7000 range over the next year. Jeff Mackey from CNBC put it rather well the other day from his chair on CNBC’s Fast Money, when he talked about his two best positions for this market. The positions were cash & fetal.