Making Money Alert – FREE
07/28/2010
As investors, one of the most difficult things to do is to keep an open mind. Rather than let your feelings interfere with reality, you should avoid trying to have too strong an opinion on where the market may be headed and you should just let the facts on the ground (or in this case the trading floor) determine how you will manage your money.
I know there are many reasons to feel cautious about stocks going forward, but there is no denying that we now have seen the major market averages breach their critically significant 200-day moving averages. The breaking through of this technically significant barrier can be seen in the chart here of the S&P 500 Index.
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