But the stock market may well come under further selling pressure anyway.

"When it changes direction, I think you will get big selling pressure."

Also, the new company's stock is likely to experience some initial selling pressure.

The market, however, has enough going for it to withstand such selling pressure, many experts say.

Traders said that at least some of the selling pressure came from foreign central banks.

Therefore, there was the potential for great selling pressure on Monday morning.

"I think the stock will come under additional heavy selling pressure."

That selling pressure, of course, would send stock prices even lower.

The moves explain some of the selling pressure on the stock market in recent days.

The selling pressure moved first through the technology sector and then to the broader market.