Dow flirting with 15,000 – June 5, 2013

The Dow is currently down 175 points and is dangerously close to breaking down below 15,000.  The S&P 500 is also close to 1,600.  Psychologically, breaking through these round number levels will hurt markets.  Japan was down another 3.8% overnight, bringing the total drop from the May 22nd all-time high to 17% or about 2,700 points.  U.S. investors should take note of this dramatic fall and plan accordingly.

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