Healthy correction in the stock market is just a memory
After some damage control the market came back some this week but I think it will still be some uncertainty in the market in the near future. The long trend are intact and I think that next week will be an idea for the long term investor to put some money in if we have an shake out in the market.
One thing is for sure that it will be difficult to make some money in the market, no trend and great volatility.
I at this stage predict that the market will not be back in its long trend for a couple of weeks.
An issue is that the bounces we get hit harder and harder, the small healthy correction seems to just be a memory, why that is the case is hard to tell but the evolving financial market globally gives more and more mostly inexperienced private investors closer to the sell buttons which gives this huge moves in no time.
The Dow Jones tried with not much success to go through the 12300 level and it seems that the market will stay at these levels for some time before moving up any further.
Global Stockmarket
This part will consider regions as the
No big moves to report for this week after the last weeks drop. Asia was up some accept India that is been taking some downside the last month after that the government trying to implement some not very popular welfare programs that though might be a good the for the growth in the long run.
