Today, the Dow Jones Industrial Average (DJIA) is trading lower by more than 100.0 points at 15,159.00, but it remains well above the psychological 15,000 level. You see, the majority of the people in the public just look at the DJIA. As long as that level on the DJIA continues to stay above the 15,000 level there will be very little public outlash. On the other hand, if the stock markets really started to tumble and the DJIA closed below the 15,000 level the public would start to really complain and cause an uproar. Then the public would threaten the politicians with their jobs during the next election. This is the reason why every debt ceiling debate gets settled so quickly.
Nicholas Santiago
InTheMoneyStocks.com