BTW, yesterday it was a great "WWW" day, bullish for next week according to Cheif....................
Classic signs of a bear market. Blistering rallies followed by slow but steady declines.
In Bull markets it is just the opposite. Serious declines followed by slow but steady advances.
Not a "bear market", but a "polar bear market", that explains the recent rapid declines. But the effects of "polar bear" have been priced in. That's why after going up more than 100 points yesterday SPX still holding most of the gains today in a consolidation. If a polar bear was unable to break the market, who cares about a little bear ........................
Edited by redfoliage2, 10 March 2022 - 03:05 PM.