Well it actually happens a lot more frequent than every 20 years...

Well it actually happens a lot more frequent than every 20 years martis but it can be the precursor to a massive drop but actually quite often not :)

we have have 9 or 10 (will post chart tomorrow) in the last 10 years. Some have massibe drops and some do not. None the less a bearish sign unless we bounce back soonish.

all in all not a good sign though and immediate thoughts and positions are now short...although that opinion can turn on a $2.00 coin (allowing for inflation)