It seems to me that a larger fraction of the public (including individuals running trading businesses) better understand bears markets and are less fooled by wall street sales argument during bear markets.
The consequence in my view is that bear markets should last a shorter amount of time, if one accepts the reasonable assumption that a market bottom does not depend on the amount of time the market takes to go from the top to the bottom.
In my view SP 780 is the bottom are, and we are at it today.
Is not insanity to short the market at this level? Is not an act of stupidity not to start loading on long positions in one's retirement account?
This bear market seems to me to be over. If the area of SP750 is not a support, then we are not in a bear market but rather in a depression.
The consequence in my view is that bear markets should last a shorter amount of time, if one accepts the reasonable assumption that a market bottom does not depend on the amount of time the market takes to go from the top to the bottom.
In my view SP 780 is the bottom are, and we are at it today.
Is not insanity to short the market at this level? Is not an act of stupidity not to start loading on long positions in one's retirement account?
This bear market seems to me to be over. If the area of SP750 is not a support, then we are not in a bear market but rather in a depression.
