any of you guys think this is the start of a bear market? Im thinking there is a bounce at the 200 dma on the s&p but who knows if it lasts. Just wondering what some of my old friends think.
Hes probably referring to the S&P that hit the 200DMA on the daily TF and bounced.200dma on what time frame and which specific market (price action) ???
Why differentiate between bear market and pullback....a bear market just looks like a pullback if you look at the yearly timeframe..any of you guys think this is the start of a bear market? Im thinking there is a bounce at the 200 dma on the s&p but who knows if it lasts. Just wondering what some of my old friends think.
no, its just a blip. Interest rates need to be 8% on the long end.