Daily State of the Markets: How Much Is Enough?

Posted on: 09, Jun, 2011

David Moenning submits: Good morning. With the stock market having fallen six days in a row and now sporting a decline of 6.14% from the April 29 high, the question of the day is: How much downside is enough to discount the current economic soft patch? Is -5% enough? How about -7.5%? Or is -10% the ultimate target the indices must reach before the value hunters start to step in?Although the declines seen Wednesday weren't dramatic, the fact that stocks once again failed to bounce, let alon...

Tags: david moenning , market , default , stock , wednesday

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