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  1. Home
  2. / Investing

We Have Room to Fall Further

After Wednesday's drop, the major indices remain overbought.
By DICK ARMS Aug 15, 2013 | 07:00 AM EDT
Stocks quotes in this article: HL, CDE
Wednesday's decline was enough to produce another low for the Dow, going back a monthThat certainly suggests that the slide I have been writing about is starting to materializeTrue, the S&P 500 and Nasdaq both are still holding above the support, but since the indicators we have looked at repeatedly are still so overbought, it looks now as though ...
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