The stock market bears are back in charge today. The stock market rally yesterday has fizzled, and it appears that the bear market will continue, at least for the time being. Here is today's intra-day charts:
And here is the daily chart that looked like it might be forming a bottom over the past few days. Note today's reversal:
Wednesday, July 9, 2008
Stock Bull Not Confirmed, Rally Turns to Rout
