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Ghost of Igloi
RE: Down goes the Dow

Of course you can see on your chart that the S&P 500 index had two declines over 12% from the high point. Also, the earnings for the S&P 500 for Q1 2016 is estimated to be around $86.50. the last time earnings were this low the S&P 500 traded at 1,440. So more downside than upside based on facts. If you wish to invest on hope for an earnings explosion in coming quarters be my guest.


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