Love this statement in the Asia Wall Street Journal today. Totally true. Sigh.
Keith W. Springer, president of Capital Financial Advisory Services, noted that market watchers had been saying for months that a pullback has been necessary, but now that the rally in stocks has come to a pause for several weeks, it has been met with increased fear and concern.
"Every time you have a market run-up everybody goes, 'We need a 10% correction,' and as soon as the market drops 5%, you have everybody crying," Mr. Springer said.
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