Al Capital

Understand True “Excessive Bearishness”

You make a valid argument regarding the true turn, or inflection point, between a bull and bear market, which is a useful reminder for investors in index tracking stocks or funds, such as SPY.

I consider "bearishness" and "bullishness" to be forward looking sentiments, reflected in market volatility. Based on increased volatility (e.g. VIX) there IS more "bearishness": see also
seekingalpha.com/artic...