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01-25-2010, 10:26 PM #17
Check the correlations of the stock market with the news of bank troubles, in particular failures.
For example find out the biggest drop in the Dow index and look up the top news event of that day.
That's nice in theory, better check the facts see my previous comment.
Since it apparently escaped you, I was actually addressing your retirement concern, which was the motivation for your question (clearly very important to you since you chose to include it as half of your post). In case you missed it as well, I have answered the question in your thread title in a subsequent post.
No implied facts. My mistake for overestimating your ability to understand hyperbole as a mean of emphasizing a point.
I already clarified it, but let me repeat. In today's market stock values are based on predictions of the future and since the government has enormous power to change the future any public announcements are taken as indication that the original predictions will be wrong, with default presumption of negative consequences.