Dip-Buyers Are Spooked
The market is oversold. There's strong sentiment and housing numbers. Fed chief Ben Bernanke has indicated a willingness to continue printing money. Despite all this, there's limited buying interest and the market is hardly bouncing.
It's clear that yesterday's ugly selloff and poor close spooked the dip-buyers. They are afraid of being caught in a failed bounce like Friday and Monday morning, so they are standing aside until someone else shows a willingness to jump in....109 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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