I'm not sure you guys can call a bear market just yet.
We've just had a rough month.
Key indicators are still going strong, and if you read how our earnings season here in Aus have been going, you'll realise that stocks posting stellar gains are being hammered to lock in profits.
Once this "phase" passes, I can only imagine that the blow off will be huge.
Im not one to jump to conclusions, but I think a bear market call is a little premature.
bear market, page-19
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