Bull market has nothing to do with it. In fact, Bear Market rallies can be even more brutal and powerful; the real answer is lack of experience.
Quote from ogarbitrage:
You should email the retards at Nanex and ask them to investigate. They always have a reason for price action no matter how asinine or far fetched that reason might be.
Quote from spanish89:
This market is EXTREMELY WEAK AND VUNERABLE NOW tho due to how extremely over-elongated this move from 12,900 has become!!![]()
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I have built a huge short position already by scaling in shorts between 14,786 and 14,869,
and so as soon as the market drops merely 1% and touches 14,702 i will make an entire month's salary instantly!!![]()

Quote from gmst:
We are getting away from the thread but you do seem to have an extremely strong negative opinion about the retards at nanex. Remember any particular instance when you did not like what they published about markets?
I thought they are a smart bunch of guys. So, interesting to hear a divergent opinion here.