Whose Market Is It Anyway?
After bouncing back to positive territory, the indices are under pressure again following very bearish comments by Byron Wien, former chief investment strategist at Morgan Stanley, who echoed many of the bearish arguments we have heard from Doug Kass recently, which have been ignored so far but are quite logical and compelling.
I don't dispute what the bears have to say, but my approach is not to worry too much about it until price action indicates that the market is embracing the negatives. The tautology that something doesn't matter until it does holds great wisdom for those of us trying to find a way to navigate the market....146 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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