Where I'll Be Swooping In

Timing the stock market is often a fool's errand. But here I go. Despite gains on Wednesday and Thursday, I do not believe the downturn that began on Aug. 3 has run its course yet. However, I think it will end within about a month, so it could be helpful to have a buy list ready.

Declines of 10% or more occur, on average, about once a year. I think we are in the middle of such a decline now. From the Aug. 2 high through Thursday's close, the S&P 500 Index has fallen about 4%. I think some further declines will occur, mainly for the following three reasons:...421 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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