cyclingscholar

John Hussman: The Market Is Not in Uncharted Territory

Good article. AS you say, who knows, perhaps there really IS a major depression waiting out there...but to be honest, what is scaring most of these fancy pants traders is they think a 'bear market' is a one month 10% correction followed by a surge to new highs!

Welcome to the real world folks..I remember the 45% decline in the early 70s. Thats a real bear market, and its a lesson todays investors need to learn.