i think alot of people are so much comfortable with the word bear and have forgotten what it actually means when it comes to stocks and other securities. Bear simply means when the selling is taking place. those sell pressure is what will now cause the value for the asset to drop because their are not enough buyers who are ready to buy at a high price.
I do hope the december raging start again soon.... common its about time. but we have to observe the movement of the market yet.