Expect More Downside for Stocks

Stocks have been headed south for months and more price downside is likely. The current skid has key support at 1,200 for the S&P 500. If that level fails to hold, stocks could easily fall to around 1,060.

Beware of this downside market.

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Entry Point Chapter 4: Ugly Downsides - Avoid the Price Downside
Price Chart Primer

Posted July 15, 2008.