The Week Ahead: Are the Fear Levels Really That High?

It has been an ugly couple of weeks for the stock market and, while the summer months are often difficult, the ballooning number of global hot spots has put even more pressure on stocks. The negative signals from the technical indicators (The "Real Reason" for the Market's Plunge) are still in force as the major averages reach stronger support. Then, late last Thursday, the markets had to deal with the news that US forces would again be seeing limited action in Iraq. It is not quite four months ...