Nearly everyone hoped 2001 would be better, and as everyone knows, the first quarter that just ended didn't work out quite the way that the bulls envisioned. Stocks continued to slide, particularly on the Nasdaq. Nasdaq Losses Aren't Over Yet. The punch bowl ain't back. It feels like there's one more debacle on the horizon to test the market's lows.
Tomorrow's the first day the stock market turns around.
I think the market is going to go substantially lower in the near term. I'd rather have a few shekels left over to play again another day. Inc. All Rights Reserved. Copyright and reprint information.