That raises concerns that it may be a more serious slowdown, a W bottom rather than the previously expected V bottom.
FORBES: Earnings To Determine Whether A Serious Rally Erupts
Looking back, it had a big long V-bottom back in 2009, which took it to under 4.00.
FORBES: Three Stocks To Buy, Three To Short In This Market
The SPY had reversed to the upside on November 16, which turned out to be a quite uncommon v-shaped bottom.
FORBES: Finding High-Probability Entry Levels
But the bottom line is the same -- the United States must proceed with production and operational use of the V-22.
CENTERFORSECURITYPOLICY: Center For Security Policy
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