interesting could this possibly play out?
The S&P looks like its beginning to curl to the downside. After this elevator up in the market we should expect a healthy pull back. what is a healthy pull back exactly? A healthy pull back is any where between 1%-3%. It is crazy if anyone thinks that stocks just go up. pull backs are necessary to go higher. If this plays out we can definitely see November be a redish month as we head into December into the real Santa Clause rally. I do have my doubts, but this is a possible scenario considering the strong rally we had in the past few weeks. best option is to be cash ready for any beat up stocks as we get closer to december where the real rally will begin to take place.
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