Yesterday I penned a column for TheStreet.com on the negativity bubble, and how I felt Monday was likely the bottom for this decline. (I will post it on my blog tomorrow) No sooner did my post appear than the market swooned nearly 300 points.Many readers asked me whether I had altered my stance? The answer is no, but felt a little silly for sticking my neck out. There will likely be many tests, but my thesis is that the negativity peaked on Monday, and future negative headlines[...]
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[Source: The Money Blogs]
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