CNBC Closing Bell September 25, 2009
cyclical sectors. across the board, transports, even airlines, although upgrades to the airlines this week, were down. ryder, csx, railroads also to the weak side. still, the key theme that most traders emphasized is the decline on the s&p is barely a correction. in fact, it has been typical for a correction to be only 2%, 3%, or 4% since the march bottoms. we haven't had an additional correction since then. the worst one, 9%, that was in the middle of june and july. you see it's been pretty modest. remember, traders go with the trend. the trend being -- the belief will be that this ...