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Monthly Archives: June 2008


Unemployment Data Sparks Selloff: Downtrend to Continue

Jun 6, 2008

In my May 22, comments, I forewarned that the “bear market rally” was fading and that I would wait for more confirmation before becoming more deliberate in rebuilding bearish investment strategies into managed portfolios. Unfortunately, today’s sobering unemployment report further validated my view that investors who were putting a bid under the stock market this… More