This Correction Is Long in the Tooth

I had only one laugh yesterday when I heard people talking about "is this the start of the long-awaited correction?"

I was laughing, of course, in a sardonic way because the truth is that a lot of stocks have just been annihilated already and the idea that it is the start of their decline is pretty silly. If you look, for example at the real estate investment trusts, you have to ask "could it soon be the beginning of the long-awaited rally?" That's what the picture of Federal Realty (FRT) begs you to ask. Same with Ventas (VTR), as our own Tim Collins showed us last night on "Mad Money's" Off the Charts segment. Same with the utilities. Have you seen National Grid (NGG)? FirstEnergy (FE)? Sellers have just laid those to waste....241 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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