Today
Let’s See if I am Right
by Paul B. Brown
Posted September 16, 2008 7:57 AM
Posted September 16, 2008 7:57 AM
Posted in
It happens so rarely, that I have to draw attention to the times I am correct.
Yesterday I wrote that we needed a HUGE sell-off in the market if stocks are ever going to resume their upward rise.
Right before the close yesterday, the market fell 500 points. In percentage terms it is a significant—but not dramatic—number. It represented a decline of 4.4%.
But a 500 point drop sounds huge.
Let’s see if this is enough to jump start the market.
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