A Poor Excuse for a Pullback
I guess Monday's session is what passes for a down day in 2013. That said, I did notice some minor sequestration chatter -- something I discussed here last week. Even the defense stocks finally took notice and headed south, even though folks somehow ignored this prospect last week.
With that in mind, I want to address a question I received several times on Monday: What could possibly take the market down? Let's look at that a different way. Think about when the market is in the depths of a decline -- when you think the market should rally and it doesn't, and all the news is horrible. Don't you find yourself asking, "What could possibly rally this market?" Then, boom, out of nowhere, some news arrives and the market rallies....401 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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