Quote from: americanpegasus on March 27, 2016, 12:13:48 AM

And you and every other person expects this to happen, right?

Remember the first time Apple was 'going to $1000 each' and everyone knew it for a fact? What usually happens when the majority of market participants believe something will happen?

Good point. That's why I got skeptical when all those "new bear market coming" scare stories were splashed all over Marketwatch and CNN a/o six weeks ago. It was the reverse of the optimistic "We're Saved" items that proliferated in January of 2009 & a little earlier. The final "capitulation" drop from mid-February to mid-March was so bad, it constituted a (mini-)bear market within a bear market.

Given that the pessimism was so thick, I'm actually expecting a final blow-off top before the real bear arrives.