Wednesday, December 19, 2007

Stockmarket crash on the way?

Clearly, The Contrarian Investor (2 Dec) thinks it's a possibility. So does Frank Barbera, who looks at the jaded market response to interest rate cuts and says:

All investors take heed, you are staring at a market that is NOT responding well to “Good News.” Markets that cannot rally on Good News tend to accelerate downward on any type of bad news, and that is the kind of market which appears to be taking shape.

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