The bear market of 2002, however, has changed the critical threshold values for this indicator. |
In a bear market most equities are going down in price with occasional rallies. |
These losses will keep rising as the bear market continues its relentless path to a distant future bottom. |
Tech stocks led the way up in the last bull market and had spectacular hangovers in the bear market. |
It is also time to sell any stock or fund not suited to a severe bear market. |
I would see the markets and even the price of oil as being something ancillary to the bear market. |