4 Moves to Make If the Stock Market Plummets Tomorrow
Is the 14-month rally about to end? Stocks are certainly showing signs of vulnerability, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) now trading well below last month's peak, putting pressure on an important technical support level as a result. Charts don't matter in the long run, but in the short run, a small stumble can quickly cascade into a full-blown correction.
If this week's rough start is indeed an omen of what awaits us in the immediate future, there are some moves you can -- and should -- make before things turn from bad to worse.
Relax. Matters may seem terrifying at the time (and the mainstream media seemingly loves to fan those flames). The fact is, however, there's nothing the market can do here that is hasn't overcome before. Corrections happen, and usually don't do any lasting damage.
Source Fool.com
