FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
The slide capped the biggest five-day point loss ever for the Dow Jones Industrial Average [.DJIA
Loading...
()
]. It has lost more than 1,400 points over the past five sessions, nearly 13 percent of its value.
When will the market finally start looking up again? Find out from Jeff deGraff, the #1 tech analyst on the Street! Following is a summary of his main points.
The total number of new companies making 52-week lows has reached 57% says deGraff. Usually when the number crosses 50% it signals a wash-out and you can begin to feel bullish.
Now here’s the rub. Although this analysis has been very reliable over the last 40 years you have to ask, is what’s happening now similar to trends we’ve send throughout the last 40 years? Or have the rules change too much. That’s still a big question mark.
Perhaps, a better indicator follows. Right now we’re 250 days into the bear market. Typically a bear market runs about 600 days. It’s not unusual for the first part of a decline to be the unwind from the preceding boom cycle. That suggests a second part of the decline lies ahead. That suggests we’re only in about the 5th inning of the downturn.
To see deGraff’s entire analysis please watch the video.
*Jeff deGraaf has been Institutional Investor magazine's top-ranked technical analyst for the past three years.
- Your First Move For Friday November 27th
- Web Extra: Private Equity, Conviction Buy?
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
- Best Wishes Regis
- Gartman's Annual Rules For Trading
- Chartology: December Outlook
- Holiday Toy Trades
- Steepest Black Friday Discounts, Revealed
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Data is a real-time snapshot *Data is delayed at least 15 minutes