Oh my gosh, what a load of BULL I keep reading among the gurus who whine about negative headlines and complain that this unmerited negativity is the only thing that is killing the bull market. Bull.
The bellowing bulls cry every time someone runs a negative headline, “Stop, you’re breaking our bull market with your negativity. That is the only reason it is going down.” The real truth is that headlines have been enormously biased toward a BULLish narrative for the better part of a decade, and bearish headlines are only just beginning to seep in. But that is too much for the bulls: “All this negativity is killing us.”
If the market was healthy, you couldn’t kill it with a little negativity
The negativity is just reality hitting the bulls in the face, and they don’t like it.
This market is going down for the fundamental reason I have been saying all year it would go down — Recession, the “R” word. We are already fully in a manufacturing recession, just starting into a services recession, and GDP will follow that as statistics become told and then revised. (The revisions almost always runs downward because the government leans toward being optimistic in its initial expressions of the economy for its own benefit).
Remember that most of the market is still fully a bear market. It became a bear market last fall with ALL major indices plunging into bear territory, except the S&P, which missed by the barest breadth of a bear’s hair. Even the S&P dropped over 20% intraday. Most, if not all, of the broader indices remain IN A BEAR MARKET to this day. The NYSE and the Russell 2000, for example, are far from having recovered. So, the bear never fully died, and the bull only half revived. Now it is fight to the finish between the two of them, which is far from being decided.
lot more,,,,,,,,,,,,,,,,,
http://www.investmentwatchblog.com/the-bull-is-dying-2/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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