Yesterday’s (May 6th, 2010) Market Action and the Real Reason for the Fall Stock markets fell sharply yesterday (see below) with the DJIA (Dow) falling nearly 1000 points intra-day. The market rallied back from the extreme losses but still closed the day down over 3%...
Complacency in the Stock Market Summary Emotions are the greatest force that drives the markets Extreme fear has historically accompanied major market bottoms Extreme greed combined with complacency have historically been present at market tops A prudent money manager...