>To what extent can or does the stock market "rebound" simply because the
>traders and investors want it to? I guess I'm asking to a more fundamental
>question about Wall Street attitudes, but I do not have the time right now
>to formulate it properly. Inferences are welcome.
If enough traders think the market has fallen far enough, they'll buy and drive it higher, which will draw in more traders attracted by rising prices, etc. The real question is when they start getting nervous and sell, which could be tomorrow, or could be months from now.
Doug