Posted AT 7:16 AM EST on 04/07/08
Investor doubt, fear first signal for 'market repair'
Earlier this year, investors bought into the global growth story wholeheartedly. Now they are less sure. Doubts and fear are creeping in.The way contrarians look at the situation, this is actually a positive development for the U.S. market, which is now officially lodged in bear territory.
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