Wednesday, March 17, 2010

Helmer Predicts Zig-Zaggy Market

The stock market has seen a 60% recovery from bottom a year ago. Bruce Helmer, President of the Wealth Enhancement Group, says the discussion now is, will the market be a "V" or a "W."

A "V" would be continued sharp upward movement for stocks, a "W" would be another decline. Helmer tells KLKS News, he doesn't think it will be either. He predicts will instead be a zig-zaggy line with lots of volatility, but a slight increase at the end of the year.

Helmer thinks there is opportunity for those who want to get back in the market.

Helmer will be in Brainerd Thursday to discuss the advantages of Roth IRA's at the Lodge in Brainerd, 4-6 p.m.

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