bear market has become predictable, page-5

The classic example for me was Japan in 1989.

It was repeatedly said that only a fool didn't realise that every pullback was a great buying opportunity.

Since Dec 1989 Japan is down 70% after nearly 20 years of bear market.

The market trained them well and for much of the early decline they kept on buying.

I have a feeling many will never buy a stock again over there and probably here before this is finished next decade.