This is something that had been expected to come at some point. The outlook change will do little for stocks.
We believe this should not lead to the start of a bear market or be considered as the bursting of the bubble.
THE HARD WAY. Individual investors bear a lot of the blame for the selling.
With the Internet, the information divide between professional traders and individual investors has become very small.
The market has already factored in a certain degree of optimism about economic improvement and was getting top-heavy above 18,000.
