US Market Commentary
11/3/2009 11:16 AM ET
(RTTNews) -
In an interview with RTT News, Ken Tower, senior vice president of Institutional Research at Quantitative Analysis Service discusses the recent volatility in the market, explaining the recent turnaround can be a good thing for longer term investors. "If you're a longer term investor, I think you're looking at any weakness here as an opportunity to add to your position," he says.
Why the sell-off? "There has to be a correction in the market advance at some point," explains Tower. As for just how far the correction is going to go, "closer to 9,200."
To listen to the complete interview, visit: http://www.rttnews.com/Content/Forex.aspx
by RTT Staff Writer
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