The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( The FRED Report) -- In our last article, we wrote about "divergence bottoms" and how it looked as if the U.S. stock market was getting ready to make such a pattern. This now seems to have occurred and we believe that this could be the low point of 2011. In our last FRED Report " Midweek report" we opined that as long as the 1070 area holds, the market can rally into the end of the year.
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