By
Crista
Huff
The
major U.S. stock market indices - the S&P 500, the Dow and the NASDAQ -
each fell almost exactly 14% from recent summertime highs to August lows,
culminating in a rapid spike downward on August 21st, 24th, and 25th. Each
index promptly rebounded, then stabilized in a classic double-bounce chart
pattern. It's important to understand several things about this stock market
correction... [more...]