Money Matters 4:07 am Tue March 8, 2011  Time for a correction?
Credit wsilver /    Last summer, the market retreated 14
percent, convincing some investors that another bear market like
2008-2009 was in the offing.  The retreat was just enough to
shake out the weak hands.  In the past eight months, the Dow has
vaulted a spectacular 2,700 points!  Greg says market
corrections are necessary for at least three reasons:    • To
eliminate the weak-kneed   • To encourage the pros to lock in
some profits   • To bring the market down to a level that
encourages more investment  How do we know the latest correction
isn't a portent of doom?  Every economic signal has been higher,
precisely what the higher market has forecast.  Most
importantly, the number of people returning to work has begun to
multiply.  What could go wrong?  Just when you think you've
figured it out, history repeats, but never exactly.  A small
number of seers still warn of danger.  A foreign economy,
previously thought to be stable, could collapse.