A 588 point drop today....
And.....
If you factor in last week, and today, then in less than 80 hours of trading the market is self destructing.
Yeah, he's the moron.
but it looks to me that point wise, he is correct.
Points wise is why he's a moron.
Do you remember the first time the Dow fell over 100 points in a day? Not many people do. That day was a 4.59% drop, today, 3.57%.