web analytics

Daily Archives: May 11, 2010

The Market is like Six-Year-Olds Playing Soccer

May 11, 2010
By

As to the stock market, here’s the way I see it. The market is in a correction.  We’ve been telling you that for weeks and it became QUITE clear to most people when the Dow plummeted more than 1,000 points mid-day last Thursday. Today we had a great rebound, and while that helps to repair some of last week’s damage, by no means does it mean the correction is over.  To me, it seems the market is acting no more sensibly today than a bunch of six-year-olds playing soccer, who rush from end to end of the field en...

Read more »