IG Index - Financial Spread Betting 'Cheap' Is Not a Reason to Buy | Investing | Financial Articles & Investments News | TheStreet.com Editor's note: This column originally appeared earlier today on RealMoney.com. We are bouncing around randomly so far this morning. The market is at key support levels and has gotten oversold enough to provide a little buying, but the bigger technical picture is terrible, and we don't have any good news to motivate the bulls. This is pretty typical of the action you'd expect to see after the DJIA has fallen 1000 or so points in the last eight trading days. Nothing in the market goes straight up or down. The sellers who have been pressing will take a break and the countertrend flippers will try to get something going. The worst thing about this market from my standpoint is that picking individual stocks is nearly impossible unless you are playing the value game. The problem I have with "value" is that it isn't nearly as concrete as analysts would have you believe.
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