Latest Commentary: First Down Week in Five...

Monday, June 22, 2009

The market suffered its first loss in five weeks and the pullback is likely to continue this morning.   Many traders had been anticipating some sort of correction, me included, but late second quarter window dressing maybe giving us a false sense of security.   Keep in mind, many investors missed the big move since March and now there trying to catch up before the second quarter ends.     For the week, the Nasdaq had the least damage only dropping 1.7%.   However, the S&P…
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