cstauffer

Market: Spooked Today, But Panic Attack Is Likely Temporary

I am frankly very glad that the sentiment on these boards and many others is so negative. This snap back bull market that we have had since March will not end with so many people scared or willing to be scared whenever the market goes through a profit taking period such as we are experiencing recently. I am really not sure what it is that people want at this point in the recovery coming off such a significant downturn. I certainly do not expect robust top line growth and I certainly would expect a significant portion of positive economic activity to have been "stimulated" by the stimulus.