Can September’s Rally Continue? How Investors Should Plan for the Months Ahead
October 06, 2010 at 05:09 AM EDT
I have been chewing over our trading expert Mike Turner's article this week, trying to get a handle on where the stock market can go from here. [Read Mike's article here] Mike points out that September's rally seemingly ignores the daunting economic hurdles we face. And his technical analysis tells us that we may see all of September's gains erased, returning the major indices to pre-Labor Day doldrums. I'm inclined to agree. Not only because we haven't seen any really positive economic news to undergird a rally, but also because investors have been conditioned to sell into rallies and buy into pullbacks. That's been a profitable move. If you were a buy-and-hold investor, you'd likely be seeing only… . . . → Full Story: Can September’s Rally Continue? How Investors Should Plan for the Months Ahead