How Much Further Does This Selling Have to Go?

by Kevin Marder
Market Watch

Historically, geopolitical events have proven to be buying opportunities for shares. There have been exceptions, for example, the 9/11 attacks which occurred in the middle of a bear market. The market tends to bottom when the least number of people expect it. It is safe to say that most believe lower prices are in store.

If the news this coming week is uniformly bad, watch to see what the reaction in the major averages is. And do not be surprised if the market ignores the bad news. This would be a first indication that perhaps the worst is behind it.

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