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Average length of a bear market - 18.5 months (current - 12). Average
bear market decline - 36% (current - 28%).
http://www.thegreedytrader.com/QQQQTrendAnalysis.asp
x?p=201
Yawn.
We need stats for 'how many average bear markets" needed $700BB
bail outs, short selling restrictions, multiple interest rate cuts,
failure
of 12 Wall Street 50 year+++ institutions, a near collapse (to date)
of credit markets. . . .
This is not done. The roads to recovery are littered with dead
investor
accounts. That rally reversal on Friday was a complete reversal of
trend and signaled that far worst is dead ahead. . . earnings, bad
earnings and investors looking for any reason to get the fuck out.
NEXT????? Hedge fund redempts, Euro Banks needing bail outs,
and the really big threat. . . . .the barn burner. . . . . . the fuck
to screw
all screws. . . . . chinese banks failing as that economy finds that
WallMart shoppers are tapped out and Hong Kong real estate is a
little bubble all its own.
Yup, solid Vee Bottom in place. J J says rally to 16,000 in one
month.
One of us has to be right, don't we?
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