We get a 2 year bear market and everyone thinks the market has to go to 0 now. This group of elite traders is going to get taken completely by surprise when the overall trend resumes up and we get new highs on the dow and the nasdaq composite. Why is everyone so bearish on a little retracement on the greatest bull market ever? Shares are cheap now, and they can only go up from here. As I said on another thread, I'm a buy and hold investor. On Friday, I went long based on a a broker friend of mine who is telling all his clients to buy now and hold for the bull market to resume. All I can say is that buying here represents a huge reward with almost no risk. You don't actually expect everything to go to zero now do you? If so, that is childish. The smart money buys when shares are cheap, and sells into strength. Smart money didn't buy during 2000, they bought in the crash of 87. And we are buying again now.