[palmer]

Thanks for posting the "arete" thread, Orangedog. The last chart is interesting because it looks like buying bear funds causes the market to rally. Maybe there's a cause like short squeezes, or perhaps it's just contrary sentiment: the more bearish people get, the more likely there will be a bear market rally.

[Orangedog]

Maybe there's a cause like short squeezes, or perhaps it's just contrary sentiment: the more bearish people get, the more likely there will be a bear market rally.

Bull or bear...each critter has it's season. The bull had nearly 20 years. IMO, the bear isn't ready to go back into hibernation yet.