Recovery May Take Time.

7 minutes

Unfortunately, I think the the events we've seen over the past few days have changed all that. And I don't believe that this market will recover as rapidly as we would like.

Oh there are many technical reasons I could give for thinking this is the case. I could point out that fully 96% of all stocks are currently trading below their 50 day moving average. Which indicates that essentially the entire stock market currently trades at a lower level than they have in the last month and a half.

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Start listening to Ready, Fire Aim...
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