My guess is that it will fall to around 6,500, but then start a rally as bargain hunters from around the world snap up the stocks at depressed prices (there are too many people out there who want to be the next Joseph Kennedy, who made his fortune by buy depressed stocks during the Great Depression and riding it right through the post World War II boom).
All that stuff in the speech about regulation really didn’t help matters.
Let's not forget the dough he made by importing whiskey. I hear tell that the Kennedy clan still makes money on every bottle of Irish whiskey imported to the US.