Tuesday, August 19, 2008

This is What a Bear Market Does

But this is bear market type action. What the market gave us recently with a 300 point up day, the bear is taking back, as the bear will. I'm guessing/hoping that the July lows we saw will prove to be the bottom, but a bear market cannot end without whatever might prove to be a low being tested.
-Vince Farrell, CNBC Contributor

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