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Tag Archives: Emigrant Direct; IndyMac Bancorp; NDE; FTSE/Xinhua China; Hong Kong iShares; EWH; Matthews China Fund; MCHFX; FTSE/Xinhua China; FXI

September 16, 2005

How much longer can the bull run? This week, the stock market had its first significant pullback in the rally that began in late August. As we look at our charts, we see some further upside over the next few weeks, perhaps as high as 1250 to 1260 on the S&P. But then another drop is likely in October—quite possibly, a deeper decline than we saw in August.