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Is this a healthy correction? 0 comments
Some analysts argure that for the past 3 weeks the market has been correcting to "healthy" levels - whatever that means. I am not about to ride the "2nd melt down" van wagon, but if this and next week we don't start seening a turn for the positive in the markets, then I'll be wondering what's up. Now, I agree that a correction was long overdue; if this is a correction, then it would be the first one since the market rebound in March '09. Now, with all the small business incentives that are coming down the government incentives pipeline, I see the unemployment figures recuperating in the coming months, so I tend to agree that this dip in the market is just a correction and NOT a second melt down.
What do you guys think?
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