One of the best predictors of individual stock performance, is overall market performance. This blog looks for signs of the market's direction by tracking the commentary of a cross-section of the most respected analysts, economists and investors.
Monday, October 17, 2011
Nobody Asked Me But ...
Market sentiment is all over the map but if a consensus exists at all, it is that we are in a trading range of a couple of hundred points. Jim Rogers points out that as evidenced by the 1970's, trading ranges can last for a very long time, as much as a decade. And, he says, we may well be mired in such an extended period right now. Rogers' opinions should never be ignored.
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Jim Rogers
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