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All Clear, The Water's Fine
Old 08-16-2011, 10:30 AM   #1
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All Clear, The Water's Fine

Many skeptics see this calming as a precursor to a wicked storm ahead, and stocks were heading lower Tuesday morning. But Marc Pado, U.S. market strategist at Cantor Fitzgerald, believes the markets have seen the low as is indicative of last week's "classic selling climax" and "indiscriminate selling" as investors fled to safety, which is typical for hitting rock bottom.
“All-Out Panic” Is Over; Markets Headed Higher, Says Cantor’s Pado | Daily Ticker - Yahoo! Finance0
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