Stocks that were leading the action since March 17th 2011, bottom were taken to the woodshed in last two days. Stocks that were up 25% plus in a quarter experienced bout of selling.
The good news of Osama Bin Laden killing did not lead to rally but has resulted in reversal. How long this correction will last and how deep it will be is not known. But this market has had persistent bid for many months , will that change now.
Correction will lead to new leaders emerging soon.....
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