Monday, June 22, 2009

A Rebound is Imminent

Interestingly, though, something very similar happened last month, at least in terms of the sell-off itself. In May, the market saw a five-day streak of losses in a six-day period, only to be followed by a four-day rally. Investors who got in at the bottom earned 5%. Cramer thinks that history may repeat itself, especially as the end of the quarter approaches and mutual funds look for top-performing stocks to boost their numbers.

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