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Yesterday I excoriated Wall Street for being a bunch of mollycoddled, overfed, aircon-softened weenies, that lacked the courage and conviction to move the ticker past their adversaries. I suggested that they were softened by their extended summer vacations, perhaps too many mint juleps.
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10 months ago
10 months ago
When in a bear market, predictions can come back to bite you in the ass. So let's just say that we should expect a lot of volatility. Strong stocks like AAPL will fight the trend, but even the strongest stocks will have a tough time swimming against the tide.