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Unprecedented Bright Spot in Market Downturn
Dear Reader,
It’s Thanksgiving and the markets are taking a well-deserved break. Frankly, they sure could use it. The recent volatility is unprecedented.
In the past 25 years there has been 50 days when the market moved up or down four percent. That seems like an average trading day now. It should. Half of those 50 moves occurred in the past two months. That’s right, 25 years of volatility was crammed into about two months of trading. So, yes, it’s going to be nice to have a long break (don’t worry about Friday, it’s a half day and volume is always…
27Nov2008 | Q1 Publishing | 0 comments | Continued
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