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Taking Stock of the Stock Market

From minyanville.com

That odd crimson hue on your trading turret is known as a "down day" on Wall Street, which has been a rare occurrence for the better part of the last half-decade. With the Dow Jones Industrial Average (INDEXDJX:.DJI) notching a 160% gain since March 2009 -- the S&P 500 (INDEXSP:.INX) is up almost 200% and the NDX (INDEXNASDAQ:NDX) is 275% higher in that same span -- the only risk to the market was not being fully invested. One day does not a market break make but anyone with less than five years of experience has been conditioned to believe that risk is a one-sided sword. Indeed, those with a few cycles under their ... (full story)

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