The market continued to search for a bottom Wednesday, as a fresh round of disappointment over corporate earnings offered further proof that a turning point has not yet arrived.
Market analysts have been racing to call a market bottom in recent weeks as stocks have shed more than 30 percent of their value from the highs of a year ago this month.
But the emerging consensus is that a true bottom—and a subsequent turning point—won't happen until at least the early part of 2009.
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