1. In fact, the attempted suppression of the corrective phase of the business cycle has hurt economies throughout the industrialized world. 2. The market will probably be in a corrective phase for anywhere from a couple of weeks to a couple of months. 3. In other words, its price trend has reversed out of its intermediate-term corrective phase and it is currently unfolding its next uptrend phase. 4. But Rice said he does not think the market has entered a full bear trend, only a corrective phase. 5. Marshall Acuff, a market strategist at Smith Barney, told the Wall Street Journal that Wall Street had entered a corrective phase. |