One element of a bull market does not a bull market make. Your conclusion was very short-term thinking. Have you forgotten that it can come down quicker than it went up? Just another bump up in a bear market. It can be revived, if allowed to correct, but injecting epinephrine into the heart does not heal brain damage. They are not fixing the problem. Fixing it would be contrary to the goal. Read history.
Please stop quoting the turd. "Ignore" loses it's effectiveness by quoting. He (turd) agreed to leave the forum forever if criteria were met. The criteria were met and he did not leave. He has no character, brain, or integrity.
I just had to chime in to say I agree with my brother Khan on this one. +1 Turder is a lying amorphous steaming pile of dogshit.
I believe there were three separate 20%+ rallies in 2000-2002 before the Spring 2003 rally finally ended that bear. Honestly, I think the S&P could hit 1250 or even low 1300s again, where it met stiff resistance in the late summer, then see another leg down...which may or may not be the final bottom.
back below 20%..does that mean we are in our 2nd bear market in 3 days?please...this is a bear market with rallies who cares if they are 20% or 10%...long term investors have been dead money over 10years except their dividends...enjoy a few nice 400 down days and re-tests of lows or nearby...