Looks like the world is coming to end.

Quote from traderdragon2:

The bottom is not likely to be in.

Very VERY few bear markets have ended so shallow with a straight reversal and so early after this much damage.

There is much too much weighing on the markets these days for this to be a baby bear that will just go away.

We need at least one bear market rally, and then we fall again and either take out the lows and hit a 34% or more target down, or at best, bounce off the lows again.
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And a BEAR MARKET RALLY can be extremely powerful . . . that is why it pays to be "nimble" and not strongly biased in any one particular direction.
 
Quote from Landis82:

And a BEAR MARKET RALLY can be extremely powerful . . . that is why it pays to be "nimble" and not strongly biased in any one particular direction.
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Indeed.
 
We are all just going through the motions until something either natural or man made wipes us from the face of the earth.

So have fun trying to pick bottoms- we won't be around much longer anyway.
 
Day, i've got to hand it to you, when you are wrong, you are wrong big time. You started this thread when the market was as oversold as its been since '02! You were wrong at the top and all the way down, and then switch sides at the exact wrong time! the spooz have put on 50+ since you got negative. Wow, well done, i'm sure you're "staff" is proud to work with you!
 
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