The current market decline looks a lot like the action of 1946 to Tom McClellan, who says both...

|By:, SA News Editor

The current market decline looks a lot like the action of 1946 to Tom McClellan, who says both bear moves were not proceeded by a divergence in the advance/decline indicator. If the pattern continues, much of the decline may be over, with shares bouncing around for awhile. The date of the bottom: Oct. 21, 2011!