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Nike And Under Armour Should Be Going Lower, But Not Skechers

2015-08-24 18:42:35| Footwear - Topix.net

For the last month I have said continuously to expect a market correction, and here recently, I explained that what's driving the market lower is multiple depreciation. That's evident in the fact that top stock performers and overbought momentum stocks are crumbling, but in saying that, great investment opportunities will be created for those who are patient and let the market run its course; value traps will also be created.

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