Today’s technical outlook: Expect more downside

Filed under: ETF Investing , Technical Analysis , S and P 500 , DJIA , Stocks to Buy Monday’s sell-off was caused by the forced resignation of General Motors’ (NYSE: GM ) chief, and the threat that both GM and Chrysler would face bankruptcy. This classic example of a news-triggered correction, or perhaps even a confirmation of the bear market, came just as stocks were broadly overpriced. In addition to a sell signal from most of the internal indicators (most graphic being the st

Some great bear market investing tips in this post.

This entry was posted on Tuesday, March 31st, 2009 at 11:59 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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