Why The Correction Will Probably Resume!
Posted on July 02, 2011 at 11:30 AM EDT
Saturday, July 2, 2011. 11:30 a.m. My weekend column ‘The Summer Rally Arrived On Schedule’ was a brief recounting of why the rally was predictable. Is what will follow also predictable? Making the rally predictable was the market’s obvious short-term oversold condition after seven down weeks out of the previous eight, and the short-term seasonal [...]