As stocks continue to decline, analysts are trying to gauge how far they will continue to fall. As analysts contiue to look for reasons why the stock market is moving lower, they are also looking at different support and resistance levels. Is it time to short stocks? Should we have been waiting on the sidelines? This 4% decline in the last week shouldn't have alarmed value investors who saw that the market was being overvalued. If those investors where wise enough to build up their cash reserves, this could signal a buying opportunity.