TheStreet.com RealMoney
Baby Steps of Stability Are Needed to Commit Capital

By Chris Schumacher

About this article:
The Nov. deadline for fund redemptions is now behind us. As I have mentioned previously, this is a market that will continue to work through upcoming negatives. We've been through a ton, but we have a lot yet to go. Clearly, the distribution pressure from last week's redemption requests kept things locked near the lows of the trading range that began at the end of September. The focus for this week will be the endless debate regarding the automakers and how the bailout will pertain to these companies, if at all. The volatility measures in the last two months have created nothing but noise in the near-term daily charts. It seems that all traditional rules of price/volume behavior have failed. Capitulation scenarios haven't yielded sustainable uptrends, as all upside behavior has been fast and furious, rather than slow and stable. Distribution pressure off of those upside moves...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username:   Password:
Forgot your Password? Click here

Page data is submitted securely.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.