I’ve just updated my Stock Market Seismometer (see separate tab above) for the month of January 2010, and a disturbing new trend is starting to emerge. Having spent most of 2009 digging itself out of a massive hole, the market is now showing every sign of turning around and heading south again. What I thought might be a sustained “V” shaped recovery could actually be the middle of the “W” shaped collapse that many commentators feared.
Or is it still too early to tell? Of course, if I’d been following my own advice, (I’m not qualified to give YOU advice) I’d have taken my money out of the market months ago…
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