Articles made in May 2010

The market has now entered into its first "correction" (a 10%+ pull back from recent highs) since the bull market began about 14 months ago. Painful memories are still fresh from 2008. What now? What is the correct response to a correction?

First, let me say what I think is going on...

Just before 3 pm on Thursday, May 6, the common shares of Proctor & Gamble* seemed to have fallen 37%. The rest of the market followed quickly, and in just over 20 minutes the Dow Jones Industrials^ fell just shy of 1,000 points. Never before has the market fallen that far, that fast. I...