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Dow is Heading for 10,000

Sun 03 Aug 08 | 08:11 PM ET
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Dow is Heading for 10,000

Sun 03 Aug 08 | 08:11 PM ET
The markets can't seem to get that the U.S. is in recession, says Kirby Daley, strategist at the Newedge Group. But a downward movement is inevitable. He tells CNBC's Martin Soong & Amanda Drury to expect a 15% - 20% drop on the Dow in the near future.

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Analyst  | Asia  | US Only  | Wall Street
 
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