Still not a bear market

If you had listened to some advice a couple months back you - as a longer term investor - would be comfortably sitting in >50% cash right now and would be waiting and looking at opportunities right now instead of praying and hoping what the markets should do next. In order to make money over the long haul it's far more important to not lose money rather than sit on the biggest and hottest momo money making train stock until the bitter end.

 

I'm not a pundit but this sure looks like a bear market/down trend to me.
I have no idea how long it continues nor do I care. But trying to say this isn't a bear market is like trying to convince every one that your 8 1/2 month pregnant unwed teenage daughter is only a little bit pregnant.

http://charts.dacharts.com/2008-03-10/2008-03-10 05-35 SPY W.png

 

Its a bear market, ya know.....

 

The media, the almanacs, and everyone else uses the 20% S&P rule. If the S&P closes below 1252 it will be a bear market according to me an 95% of people. Otherwise its just speculation.

futures keep climbing.

Dow 11,923.00 32.00 0.27
S&P 500 1,297.00 4.20 0.32
NASDAQ 1,714.75 6.00 0.35

When I created this thread they were down 4/10 % each, now up a lot.

Not a single quarter of negative GDP growth believe it or not since um..2001. Wow the economy is in shambles.

 

I swear to god you've got to be the only person on this forum who's on more heavy narcotics than me.

 

When we hit 20% down that isn't the start of the bear market - that just confirms that we have been in one (past tense).

GDP is backwards looking - just like you.

 

Look at the real gdp you know that thing called "inflation" plays a part

 

You should start a joint thread with Regal2012.

Would be funny.

 

You still alive? Didint i tell you to suck a bag of dicks 250 spooz ago. Not done yet?

 

According to you and 95% of people? You do realize that 95% of people either lose money or under perform the index's don't you?