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As the first quarter of 2005 fades into investors' rearview mirrors, the financial media have been quick to recap its results with a jaundiced eye. 'Twas bad, to be sure, for all indices and sectors not related to energy, utilities or basic materials, and it seems that everyone knows now that the bad tidings will continue as the feds bear down on a new round of villainous CEOs.
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Take Advantage of a Market Reversal
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Editor's Note: Jon D. Markman writes a weekly column for CNBC on MSN Money that is republished here on TheStreet.com. He's also a regular contributor to RealMoney, TheStreet.com's subscription site. If you'd like to see all of Jon Markman's RealMoney commentary, click here for information about a free trial.
As the first quarter of 2005 fades into investors' rearview mirrors, the financial media have been quick to recap its results with a jaundiced eye. 'Twas bad, to be sure, for all indices and sectors not related to energy, utilities or basic materials, and it seems that everyone knows now that the bad tidings will continue as the feds bear down on a new round of villainous CEOs.
But will the past quarter's travails really continue in a straight line right through into the new quarter, or is a confounding reversal on the horizon? ...
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