**[investwise]** Hilary Kramer: The Dow Is Wobblier Than A Toddler In High Heels!

 

This market is wobblier than a toddler in high heels. The Dow is down a whopping 370 points in just the last 4 trading days. Today, a record breaking plunge in existing home sales jolted Wall Street and sent the market plummeting—again. Last week, it was a shocking jump in unemployment claims and an unexpected drop in the Philly Fed index. Fear of a double-dip recession was already high after an ominous Fed warning on slow growth, flat consumer spending and decidedly mixed earnings. And that doesn't even take into account worries about a spreading European debt crisis or a slowdown in China. The bottom line is that Wall Street is quick to panic right now and is finding plenty of reasons to do so, causing wild swings in a market that's going nowhere at best. And I don't see that changing any time soon. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.   Nothing in this article is, or should be construed as, investment advice.

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