Monday, April 27, 2009

Have we reached the bottom?


Many factors may make it too early for investors to treat the equity market as the financial equivalent of a Filene's Basement, analysts say.

NEW YORK - Check it out. Have stock prices plunged to such low levels that investors should scramble to buy them? Although experts have different ways of answering that question, several said last week that after the market's recent slide, stocks do appear to have lower prices than history would justify.

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