Monday, March 17, 2008
Market update with Stern Bears
(New York) Once again, all the drama was in the financial sector Monday and once again, the Nasdaq woefully underperformed. This is an all too familiar pattern in recent months. Heading into Monday's session the Nasdaq was already in bear market territory (down more than 20% from its recent high) and had closed below its Jan. 22 intraday low a week ago.