I highly doubt we will fall below Dow 12,000

oldpigwang

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The market had to correct sooner or later. So the rising tensions in the Middle East offered the best excuse for it to happen now.
Yes problems in those areas could cause oil prices to escalate further, which would be like an extra tax on the US economy.
However, it certainly will not derail the US recovery.

So this is just the long overdue pullback that stocks needed.
I highly doubt we will fall below Dow 12,000. Afterwards the bull rally will resume, but profits will probably come at a slower pace than we saw of late

littlevivi

顶！same feeling

mountainadew

Hope so