As U.S. stock market gains, pullback predictions mount
The major point of this article was that since the market has risen so rapidly, it is poised to go on a down fall. Seeing as how a stock strategist with a very bullish point of view even said that the market was booming too rapidly. By the end of next week there will most likely be about a 5 percent pullback. Although analysts do expect a slight fall the overall perception of the market is basically positive. It was said that if the March lows were actually the bottom, that there is more growth to come in 2009. The outlook is good for the long run and the stock market should be back to where it should be in a tangible matter of time.
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I agree with the point of view that the market is most likely go up and down. However, if the market is to do this how far down do you think it will go? Will it only be another five percent or will the economy fall into another recession. What I am trying to say is that if the market does begin to go down do you really think that it will go back up again just because.
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