it will have to end in capitulation

most sharemarket downturns do don't they?

but we haven't got their yet

People will have to lose more and more before they throw in the towel and there is a wholesale exit out of stocks

I blame it on Warren Buffett and his view of holding stocks for the long term.

Anyway there will come a point when people have lost to much and enough is enough and they will throw in the towel on mass

but not today it seems

still the slow grind down