The Need for Fear and Greed
The most notable thing about the market this week was that none of the major indices moved even 1%. It was one of the deadest weeks of action that I can recall, and it was downright exhausting. What made it even more difficult was that plenty of stocks continued to drift upward and we had a big supply of new highs, but it was lacking in energy and random at times. There were no big pullbacks, but there wasn't any momentum either.
The bears will tell us that this flat action is an indication of greater uncertainty and a sign that the market is going to start rolling over. The bulls say that this is just very healthy consolidation after a good run and is a great foundation for further upside....154 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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