Day

August 10, 2011
I hear definitions of Corrections being “down 10%” and Bear Markets defined as being “down 20%.” Who makes up these rules?   Down 10% of what – 20% from where?—and why do they warrant special classification?  This kind of speculative news making causes confusion. Confusion causes dependence. And that’s not the Lose Your Broker way. Let me try to clear the air. “Markets” are described by...
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