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Boy, things should did get ugly in a hurry. The market finished Friday at its lows for the day. That likely means there is more selling pressure to come on Monday. If Monday morning turns out to be an up open, I wouldn't get sucked in. Better to wait for the market to prove itself.
posted by J. Kahn @ 4:03 PM
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Jordan Kahn, CFA is the Chief Investment Officer of KAM Advisors, in Beverly Hills, CA. He is a frequent market commentator for numerous investment publications, and has appeared on CNBC and KNBC-Los Angeles. He is a regular columnist for RealMoney.com and has also been featured in TheStreet.com, Street Insight, Technology Investor, and Barron’s.
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