Fundamental Analysis
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- Time to Start Accumulating? Where’s the Bottom after Today’s Massive Drop
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Today was not a good day in the stock market, as the S&P 500 went down -8.8% from 1213.27 to 1106.42 (-106.85). The market broke below the previous low of around 1133.
Where’s the Bottom?
Based on Previous Chart analysis, there could be a good chance that the bottom of 1070-1077 could hold. If the market easily breaks through this level, the market would truly be in trouble.
But we believe…
Original Source: techfarm.blogspot.com
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29 September, 2008| Fundamental Analysis |
@ 23:33
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