Shut the Front Door!
I had to chuckle when I read Paul Lim's article in Sunday's New York Times regarding a stock market pullback in May, especially the part about "Maybe Not This Time."
Fortunately for the author and those predicting no pullback this month, the qualifier "severe" was slipped into the sixth paragraph. Of course, one man's pullback is another's opportunity. But what I found intriguing (and honestly, a bit disconcerting) was that much of the evidence supporting the "no pullback" thesis was the same I used to defend my own cautious stance toward equities over the past several weeks....660 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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