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US government strikes deal with oil producers for extra 2 million barrels a day. Dow Jones picks up (compared with yesterday), even though on the ground, in New Orleans and all over the flooded regions, things are getting worse.
Check out the volume of changes after this, amerikkka's worst 'natural disaster' in decades. Note what is happening with the S&Ps. Attention especially to the S&P 500. Check out it's previous record low.
I am keeping an 'open mind'.
DEFINITION : S&P 500
A capitalization weighted index of 500 stocks. Standard and Poor's 500 index represents the price trend movements of the major common stock of U.S. public companies. It is used to measure the performance of the entire U.S. domestic stock market.
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