By Jeff Clark in Growth Stock Wire:
Stocks may be in more trouble than I thought.
As you know, I turned short-term bearish last week. The intermediate-term rally needed a break and this week seemed as good as any for the market to pull back and wean a few of the weaker bulls from the herd.
So far so good. Stocks are down on the week and it looks like we're in the middle of a short-term correction.
There's more downside to come...
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