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COPYRIGHT 2005 The Dallas Morning News
Byline: Will Deener
Oct. 22--The stock market struggled again Friday -- no sugar coating that.
The day brought a bad end to a bad week, and so far October has lived up to its ignominious reputation. But amid the market carnage, perhaps a dollop of hope is emerging.
"You are starting to see the rumblings of some new market leaders," said Barry Ritholtz, market strategist at Maxim Group, a New York money management firm. "And if we don't get some new leaders soon, then my forecast is that 2006 is going to be a mess."
Amateur investors may not pay much attention to such factors as market leadership, but the pros do. In every bull market, a few sectors outshine all the others, and those stars exert a powerful psychological pull that...
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