"Short term what we have done is to suggest to cover all short positions and get ready for a potential bounce in the market because of the incredible oversold conditions," Riccardo Ronco, technical analyst at Aviate Global. "But the parallels between 2007 and 2008 are absolutely compelling for me," he added.
Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service
Global Business and Financial News, Stock Quotes, and Market Data and Analysis
More Comments
ADD COMMENTS
PREVIEW COMMENT