Up, Up, and Away

Anyone who's ever taken high school physics or owned a cat knows that what goes up eventually must come down. An object tossed in the air will continue its path until the force of its velocity no longer exceeds the force of gravity and it falls back to earth. Cats operate on a much simpler principle: A cat up a tree will come down when it gets hungry. But when it comes to the stock market, the reverse also is true: That which goes down will eventually come back up. At the spring JCK Show in Orlando, noted industry analyst Ken Gassman gave a keynote address about the subject that was most encouraging. Will the recession end? Will the stock market go back up? "It always does," he said. More importantly, he pointed out, it rarely stays down for long. Even after its most famous crashes (1929, 1987) the stock market actually recovered fairly quickly, but other factors were in place th
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