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Market Headed to Retest Lows?

This is quite some speculation without any sound ground at all. A few bad days doesn't do anything to the fundamental value of the S&P 500 or Dow Jones. It's quite a jump to say that we're retesting the lows. You could be right, but you could also win at Roulette the next time you're in Vegas (which I hear is quite crowded nowadays as desperation is getting higher).

We need to have some statistical or quantitative reasoning to believe the market is retesting new lows. Just a few bad days isn't enough. All that is is a "gut feeling," which isn't how billionaires make their money.

General Electric Moves On Down the Largest Company List

Interestingly - JP Morgan and Wells Fargo are the survivors of this nightmare and have moved UP this list.