It Might Not Be Time to Buy Stocks Yet. This Technical Analyst Sees the Market Going Even Lower. - Barron's

Veteran market technician Andrew Addison says there is no evidence that more stocks are reversing their downtrends as the broad indexes fall.

The major U.S. stock market indexes have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical analysis of current market condi… [+2881 chars]

full article...