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What Does Last Week’s Record Bounce Mean For Stocks?
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limebalz
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It just means that there needed to be a recovery and a chance for the Bears to reset. Watch the bulls reach resistance and see if there was any momentum. Bears took control easily on Monday and Tuesday.
My charts show we have entered a bear market. Bulls couldn't break and stretch new highs this summer. Bears needed some momentum which Greece and China provided.
Money can be made in bear markets .......... odd's are not great though!
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