Re: According to Dow Theory - Bear Market
I'm not sure why you posted that chart since from that timeframe it isn't clear which way the long term trend is going.
Whether or not we're in a bull or bear market depends upon the timeframe you are trading within. 3 different traders can take 3 different positions in 3 different timeframes and all can have an +EV strategy.
I think US investors over-focus on the US market. The US has been an appauling place to invest for foreigners for some years now (in comparison to other markets), especially with the weakening $US.
There's always a bull market somewhere or in something.
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