Question:
HI most of what read is the market going down , some of the reports siad a -10% ,,, can you comment?
My Response:
Which reports are you reading? Are these projections for 2006? I won’t ever make predictions for an entire year because nobody really knows. But based on price and volume movement in the first few trading days of January, I think the market is going to do very well for at least the next couple months. I’ve posted a new market report at the blog if you’d like to have a look (http://investing.typepad.com). While I won’t make a definitive projection for ’06, I would be shocked if the market is down 10% for the year. I do think that we will have a better year this year than last, but we’ll see!