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As market correction plays out, good buys remain.

Publication: Indianapolis Business Journal
Publication Date: 18-APR-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: As market correction plays out, good buys remain.(INVESTING)

Article Excerpt
It's week five of the correction that began in early March. Major market indexes have declined anywhere from 3 percent to 8 percent, and the selling may not be over.

Does it matter? Is this simply another minor setback on the march to new highs?

It definitely matters. As I've said since January, the bull market that began in March 2003 has now changed so that you can't depend on the broad rising tide to bail you out. Micro-cap-size companies have most likely topped out. Some technology areas have topped and it looks like tech in general is going to need a triple bypass soon to bring it back to life. Banks and brokerage stocks should underperform until the rest of the market tops. Yes, there are distinct changes going on that command...

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