Jim Stack Was Right, And He's Still Bullish

NEW YORK (MarketWatch) â?? The last time I interviewed investment guru Jim Stack, he was a lonely bull in a bearish world. It was last August, when stocks appeared to be in a death spiral. On Monday, Aug. 8, the Dow Jones Industrial Average fell nearly 635 points. After rallying 400 the next day, it lost almost 520 on Aug. 10, closing at 10,719.94.

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