Are You Ready for a Stock Rollover?
By:
Jutia Group
Posted on January 01, 2010 at 07:30 AM EST
With the precipitous tail end of 2008’s crash extending into March 2009 (and the relentless rise over the rest of the year), it hasn’t even remotely resembled a “normal” year for stocks. Rising from the depths of gloom and abject terror that started the year, the bulls have taken charge and steadily driven the index higher in an nearly unbroken straight line. If you bought the S&P in March, you’d be enjoying a magnificent return on your investment right now. From sub-700 to more than 1110 is quite a run! Judging by the weekly chart shown below, however, the party is probably…
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