No Explanation???

On Thursday, the Dow Jones Industrial Average closed down 213 points. The explanation given by the Wall Street Journal was that it was a response to the situation in Crimea, but as near as I can tell there was now major change in the standoff between the Russians and the West on that day. On that day all thirty of the Dow stocks closed lower. Also on that day, eighteen of the Dow stocks had PEs fewer than 15 which means that they were not overpriced. In addition none of the Dow stocks were li...