Retest of the October Lows

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Stocks

ritholtz.com - 11/13/2008

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Markets have come increasingly close to their October 10th lows. Contrary to what you may have read or heard on TV, this is precisely as it should be. Why? Major lows get retested. That is a basic tenet of market behavior, and crowd psychology. This has been verified by a variety of studies ...

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