Kaeppel’s Corner: Don’t Just Do Something, Stand There
There is a time for action and a time for, well, inaction. Given all the machinations of the stock market recently, it would appear to be wise to see how things play out in the very near future before deciding on big new plans. The two key levels in the stock market at present are: The July lows in the major averages: A drop below these levels would likely confirm a new bear downtrend The 200 …
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