web analytics

Daily Archives: August 21, 2009

Thor Industries: A Great Risk/Reward Opportunity

August 21, 2009
By
Thor Industries: A Great Risk/Reward Opportunity

The market’s pullback of late has been relatively sharp and has done damage to leading stocks–there’s no doubt about it.  And my gut feeling is that this retreat has further to run … sort of.  Let me explain. First, any market correction from here would be normal; I doubt that a sharp retreat would lead to a prolonged bear phase, as this new bull market is just a few months old.  And realize that, after a mega-run for the major indexes since March, a correction of some sort would be relatively normal, and possibly even healthy, allowing growth stocks...

Read more »