cnbc muttering something about china entering a bear market becuase that market is down 20% this month. i dont know how a new one starts.....if the old never ended......but i know we have had a huge rally. the spos rallied 50%, the RUT 62%. i also remember in 1933 and 34, the Dow rallied 134%....was the depression over, or in its 4th inning?
i shud feel better that mr buffett says the recession is over, but i think he is becoming like greenspan.......INSANE!
September and October, seasonally speaking r when crashes happen..........1929, 1987,2000,2008........the rubber gonna meet the road.
im not long or short, 100% cash.
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