Panic selling of 2011 continues: U.S. stocks break down

We have warned about the risk of U.S. stocks moving lower in the fall season following the panic selling in early August. Unfortunately, our benchmark S&P 500 index fund moved below its support level today, breaking its support level.

Fidelity Spartan 500 Index fund (FUSEX, change: -2.86%)

Fidelity Spartan 500 Index fund (FUSEX, change: -2.86%)

http://fidelitysignal.com/aug_2011

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