Conventional wisdom feels that this is a normal correction in an ongoing bull market, and that it will soon be followed by Dow 10, 000.
12.
However, " it is becoming more than a normal correction, " said Ricky Harrington, a technical analyst for Wachovia Securities in Charlotte, N . C.
13.
So far, everything has been a normal correction in an uptrend, " said Richard A . Dickson, technical analyst at Hilliard Lyons in Louisville, Kentucky.
14.
"There's no change in my market stance, " said Robbins, who calls this a normal correction in " super bull market " that started in 1982 and is still going on.
15.
Gary Thayer, senior economist at A . G . Edwards & Sons, St . Louis, said the last couple of days had been a normal correction after a good run in the market.
16.
Gary Thayer, senior economist at A . G . Edwards & AMP; Sons, St . Louis, said the last couple of days had been a normal correction after a good run in the market.
17.
A normal correction would amount to 10 percent to 15 percent, said Greg Place, head trader at Rodman & Renshaw Inc . " We've only lost 7 to 8 percent, so you still have a way to go.
18.
"A backup in yields of half a percentage point or so is a normal correction in any kind of bull market, " said Gross, whose firm oversees $ 76 billion in bond fund assets, including the Pimco funds.
19.
Stocks may be going through a normal correction after big runups this year, but are still in a bull market, said Alfred Goldman, vice president at A . G . Edwards and Sons brokerage in St . Louis.
20.
Subject to the normal corrections of wording involved in ensuring that it is crystal clear what is traditionally assumed and what is historically known, it doesn't seem that any particularly broad claims are made with reference to the book.
