It would be stretching things too far to say share prices have stabilized after the heavy losses of July and August, but at least they have stopped falling. Unlike the Lehman Bros, crash of three years ago, prices did not go into freefall, with clear support being seen in the market on the several occasions that the Dow got down to around the 10,800 point mark. Still, there have been heavy losses over the last few weeks, and while the markets may have found where the floor is, they are not showing any signs of picking themselves up off it. Having hit the bottom in early August, there have been some sharp ups and downs, but nothing more than a few consecutive weeks' gains before another mini collapse. This lack of direction indicates that while the markets have priced-in the current bad news about government debts in Europe and at home, they do not have much certainty about the future.
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