Just a Pause?

12/03/2008 9:26 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart

The selling overseas has been just as heavy as in the US. The charts of the Nikkei 225 and the London FTSE All Share Index show the recent trading ranges. If a short-term bottom is not forming, the other interpretation is that these are continuation patterns that will lead to another leg down in the bear market.

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