That Was No Panic

So much for the U.S. presidential election clearing things up; I'd say it muddied the waters even more, because the "fiscal cliff" and Europe worries came back in a heartbeat.

Let's review the ugly day in two parts. I realize I seem to do this quite a bit lately, but that's because the market keeps setting up short-term rallies even as the longer-term indicators continue to point down. We'll begin with the immediate shorter-term, and look at some of the statistics that emerged from the decline that say the market should enjoy some sort of bounce....446 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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