bottoms

David Moenning's Daily State of the Markets: 03/04

StreetInsider.com News Articles  Tue, 03/04/2008 - 08:37

Retest Mode: On Here's a link to listen to an Audio Version of the report: With the major indices flirting with their January lows, one could argue that it might not take much in the way of bad news in order for the bears to get their much anticipated breakdown on the charts.

The thinking here has been that since we never got the emotional panic often seen at important bottoms, stocks would be vulnerable during any retest of the lows.