Tuesday, July 13, 2010

Bear Market Bounce


By Warren Bevan: Equity markets throughout most of the world rebounded very nicely this past week retracing roughly half the past two weeks of declines. This is how bear markets work, they take two steps down, and one step back up. It's exactly the inverse of a bull market.

The weakness we are once again becoming accustomed to should resume early in the week. While it's no fun, it must be accepted that the primary trend is lower now for equity markets.....read on

No comments:

Post a Comment