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Check the charts, yo

Posted on November 2, 2009 at 8:57 am

Mutual fund manager Michael Kahn says stocks are due “for a real correction” now that the momentum from positive earnings reports has petered out.

Breakdowns are also evident in managed-care stocks, steel, clothing, retail, semiconductors, homebuilders, gaming and many others. The selling is affecting all major areas of the market and not just a select few.

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