The Day Ahead: A War Zone Out There
I hate to be the bearer of bad news, but the market is exhibiting three major characteristics of a war zone: destroyed structures; figurative "bullets" flying in every which direction; and creepy spells of quiet that are both good and bad, serving as times to reload and re-strategize.
Altogether, these mean rampant confusion will be the order of the day for next few weeks. Grabbing a good piece of economic data will only temporarily mitigate fear of potential late-afternoon Debbie Downer comments from President Obama or a prominent member of the House or Senate. Everything you learned from those books you bought at the now-defunct Borders could be burned, for an entirely new investing playbook is being penned. Along with it comes the creation of a solider-like investor class -- that is, hardened market players who march to the beat of ever-changing orders based on ground conditions....582 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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