How do you think markets may react to Senate discord with the President's decision to send more troops to Iraq?? And right before Presiden's day!!!
Monday they'll be flat. Tuesday, they will have forgotten all about the "nonbinding" vote. WS just doesn't care about the war.
Markets need an excuse to come down off these highs. It may or may not be the "real" reason but we are at a critical juncture at these levels and time (duration of trend) . I am mainly talking about the ER.