Will yesterday’s big decline be reversed?

Posted by Forexsq 714 days ago (http://www.marketwatch.com)
img The odds that the stock market will rise today are little better than a coin flip.

That’s hardly Earth-shattering news, of course, except for an unintended implication of my column yesterday.

I am afraid I may have encouraged investors to expect that a big down day after the election would reverse itself as early as the next day. Such a turn of events would be very welcome, of course, given the Dow’s drop on Wednesday of more than 300 points.

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