WALTER ZIMMERMAN: The Stock Market Roller Coaster Has Been Released From The Fed's Lift Chain

Last week's stock market sell-off put the Dow Jones Industrial Average in the red for the year. "What strikes me most about all this is the sheer complacency," said Walter Zimmerman, chief technical analyst for United-ICAP. "The most pervasive reaction to the recent sharp drops in the equity indices seems to be 'What is this doing here? I thought we were finally done with stock market declines.'" As a technical analyst, Zimmerman pays a lot of attention to chart patterns and the statistics behin...