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Jason Zweig: Market ‘Capitulation’ Is Nowhere in Sight (So Far)
FYI: There’s nothing like a 10% drop in the stock market in the first few days of the year to rev up Wall Street’s myth-making machine. Although stocks regained some lost ground late this past week, the usual cliches about “panic” and “capitulation” have been flying — and investors should take a moment to winnow fact from fiction. Regards, Ted http://blogs.wsj.com/moneybeat/2016/01/22/market-capitulation-is-nowhere-in-sight-so-far/tab/print/
