Quote from makloda:
Yes I do remember and I disagree. Things in the markets don't change in one day. Topping out is a process that can take weeks and months with sharp sell offs and rapid short covering rallies wearing out investors one by one, leaving more and more sectors with bearish charts until there's no leading sectors left holding up the big indexes.
And for all I know we could be in the middle of it (per the sector issues I outlined above). Bear markets do not happen overnight though, that's all bogus.
the problem is continuing buying the dip......and in some cases the biggest move will all get done in 1 or 2 days....peace