Increased Volatility Likely in Search for Market Bottom     Text
Size   Published: Wednesday, 9 Jul 2008 | 9:29 AM ET By: Jeff
Cox, |Special to CNBC.com  For investors who like action, this
summer's stock market will pack as much as any Will Smith movie
while it looks for a turning point.  Traders at the New York
Stock Exchange  Unpredictable days like Monday, when the indexes
moved from positive to negative at will and with little notice,
are likely to become the norm as Wall Street searches for a
market bottom and a recovery that could be months down the road.
"We're getting news every 5 or 10 minutes that seems to change
the psychological positions of the traders. That's what's really
making this market turn," says Michael Kresh, president of M.D.
Kresh Financial Advisors in Islandia, N.Y. "Frightened money is
jumping all over the place, and as long as that happens we're
going to get these whipsaw days."  Market watchers have been
probing for signs of a bottom since the market's rally off its
March lows f