A situation has arose. As stated, according to my rules, we are in a bear market if the monthly sma2 crosses over monthly sma21 and stays that way by end of month. This has not happened, but the green monthly candle is above sma21 for SH. This has not happened in the past 7 years. So not sure if i should call
a BEAR yet.
Uh?
Did you just wake up??? The DOW is BELOW 16,000 and going lower .... We ARE in a DEFLATIONARY bear market and have been since China started to implode in May 2015, and, BTW, the same time I started the Bearish News thread.
It's a GLOBAL meltdown ....
"Those who choose to ignore history are bound to repeat it"
- George Santayana
Yep, this is a repeat of 2008, and like 2008, my guess is, Real Estate will be the last rat to go down with the Titanic.
Tell-tale sign ... When the Fed Chairman is speechless ....
This is NO joke.
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