Fear, But No Panic, at the Market Disco
July 6, 2008
Brett Steenbarger submits:
The Dow has been moving to bear market lows and the number of NYSE common stocks making fresh 52-week lows has taken out its March peak, but so far investors seem to be seeing this as more credit-related sin than tragedy. I’ve mentioned in the past that there have been spikes in traffic on my blog at recent intermediate-term lows (August, November, January, March). No such spike has yet occurred during the market drop.
Fear, But No Panic, at the Market Disco
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