Re: According to Dow Theory - Bear Market
I can't imagine why we would need to classify the market as "Bull" or "Bear". Right now I can't imagine a bigger waste of time that plugging around with technical indicators.
We are on the brink of one of the most bizarre catastrophe's in recent memory. There is so much wreckage in the market right now (and possible still much more to come if the AAA tranches of these subprime securitizations actuall see impairment), the thing to do is sift around and find some good value.
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