windjc
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December 06, 2013, 07:46:26 AM

I must admit you bulls have balls of steel  Grin





I agree. I have been going back and forth bear/bull since this weekends correction. This looks like a market that is tired and was just looking for a news story to give itself up to.

I mean we have had such a ridiculous amount of good news the last 6 weeks. And now, 1 day of "bad" news and the market goes down significantly. Seems to me like the market is just looking for an excuse.

If the market stays above 1000 and goes to new highs again then this market is A LOT stronger than I gave it credit for.  

Hopefully the pull back isn't for months and isn't back to <$500.   But it wouldn't surprise me.  Well the price part wouldn't surprise me. I do think, unless we get more bad news on top of bad news, that we shouldn't be in a bear market for more than a handful of weeks at the most.

There are all kinds of reasons on the horizon that could drive this market north again.