My Blog List

Sunday, January 24, 2010

Correction or a continuation of a downturn?

Is this a normal pull back or phase 2 of what started in 2008?  That is a good question for all market students.  We know for sure after the fact... After a run-up of 60% from the lows in March 2009, we had few minor corrections of 5+ percent, and that is healthy on a trend.  A 60% advance is rare in the stock market, but the stock market is not that old and maybe this is an historical moment.

Be careful.

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