What stage of the markets are we in.

I'm seeing a major bear regression in the market this week. Tell me do you guys feel we are going to doubled down or we are just in a minor bull? Please express your opinion.

 

One hell of a "sucker's rally".

 

Look at the squeezes during the great depression and you'll see it's rather normal.

 

accumulation

 

Hard to define anything as "normal" when it only happened once before. Equally hard to compare it to.

 

typical sucker's rally in a bearish market with really bad economic fundamentals especially in the US market which is the main market for all markets in the world.

the fundamentals of the economy has gone worse now with GM and chrysler going bankrupt and possible higher interest rates and rising oil prices. US is net importer of oil so more money out of country.

with GM and chrsyler going to chapter 11 you 'll another wave of job losses


the US could even default on it's debt.

everybody wants a free lunch. the US as a country could be like GM

the US gov't can't print money or spend money it doesn't have.

 

it's a trader's market traders don't accumulate

 

Turn your head and cough.

Later comes the latex glove snapping around the doctor's hand as he bends you and shoves his hand up your ass.

The only one who will enjoy it is Hairdresser. His ass is probably stretched out sufficiently.

 

There's been a half dozen or more similar breaks to this last plunge, bro. Heck, the Naz didn't even make a new decade low....

 

We are witnessing now the mother of all bear market rallies.