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Are the Market Sniffles Coming?

By Rick Bensignor

 About this article:
 Many of you have asked me to give an update on my market thoughts. Below is an excerpt from the morning comments that went out to clients today. It gives a lay of the land for the next several weeks, if not longer. Good morning. As if feeling fine one day and waking up the next with a familiar scratchy throat that you know often means that a cold is on its way, many a player this morning likely has that same scratchy "market" throat. Weren't things just fine a few days ago? Weren't we headed straight up to post massive gains on top of the 40% ones we had seen in the past eight weeks? Well, a small dose of reality has come into play (as well it should), as the S&P 500 has backed off 50 points (about 4.5%) in the past week. We had...

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