Friday, January 25, 2008

A Sign of Health in the U.S. Stock Market

TIM PARADIS notes:
With Friday's decline, the market might well be following the pattern of past corrections, when huge gains were often followed by some retrenchment. Many market watchers consider such backing and filling a sign of health. However, with much economic uncertainty ahead, investors may need months before they can decide whether to take the market solidly higher.

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