U.S. stocks lengthen decline; S&P ends under 700

[Italkcash Newsfeed]

U.S. stocks fell further on Tuesday, sending the S&P 500 to its first close under 700 since October 1996, as a spew of testimony from federal officials did little to calm nerves. The Dow Jones Industrial Average fell 37.27 points to 6,726.02. The S&P 500 shed 4.49 points to 696.33, while the Nasdaq Composite declined 1.84 points to 1,321.01.

In my thread in the fall 2008 my expectations was that the next supportlevel would be 600 for the SP500.

Time for a status! Where are we in this crises

Let see if that the right level.

The Doc