|
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 things 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...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
