We're up 26% off the 12/24 lows. Do you really think we are going to drop 26% from here and then continue down? Really? Not without one of Kim's nukes landing on Tokyo, and you can't predict that kind of event now can ya. As grandma VZ used to say... sometimes a man needs to know when to just.... stfu. Wise old bird that one.
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Bear market rallies
During a bear market rally, stock prices will usually climb between 10% and 20%. Bear market rallies can last anywhere from a few days to several months, but overall, they tend to be fairly short-lived. It's easy enough to confuse a bear market rally with an incoming bull market, as both are periods where stock prices rise. The difference, however, is that bear market rallies are far more fleeting, and they're almost always followed by periods of further decline. The stock market crash of 1929, for example, was followed by a brief bear market rally, but that rally was followed by an even deeper crash that ultimately led to the Great Depression.
