Gangbuster recovery for a week of down markets
Posted By RichC on May 27, 2010
DJI: +285 (+2.8%) | NASDAQ: +82 (3.7%) | S&P 500: +35 (3.3%)
If I knew how to trade the up and down stock market I’d be a happy camper 
… unfortunately it is near impossible.
Today’s comeback saw stocks returning the losses from Tuesday and Wednesday, but conditions on Wall Street (and in the overall economy) leave much to be desired. I’m a believer that the sooner we return (IF we return) to fiscal responsibility, that conditions will be far better for a legitimate economic comeback. Until then, volatility and uncertainty will persist.
It has been a tough 30 days for those in equities (chart right).
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