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Where Da Bear?

Posted by NHF | Posted in Finance | Posted on 8:17 pm April 16, 2009

8

How long have we heard about the pullback? What happened to the bears? Did they gorge on salmon and are taking a nap? What are you thinking out there? And what does this chart below bring to mind when you look at it? Its a 20 year chart of the S&P with slow stochastics at the bottom and the upcoming resistance line drawn horizontally. Is it going to keep chugging along? Don’t be shy … you won’t lose money with your comments.

Big Picture Chart

More on this topic (What's this?)
S&P Dividend Aristocrats under performing S&P 500 in 1Q 2009 (Dividend Growth Investor, 4/2/09)
The Bearish Case For Equities (The Technical Take, 3/3/10)
Dividend Stocks to Avoid (Dividend Growth Investor, 4/21/09)
Read more on Bear market, S&P 500 (SPX) at Wikinvest

Comments (8)

nicksandiego said on 4:24 am April 17, 2009

I know I see a lot of room to the upside to bounce back and retrace… but also a lot of angry people waiting to get out along the way up.

And it also looks like double Ds… ha

Reply
Robert said on 2:11 pm April 17, 2009

So basically we can bet on the market to look like a McDonald's symbol. I know my strategy now!!!

Reply
Nick L said on 2:17 pm April 17, 2009

Yes its a huge conspiracy by Ronald Mcdonald…. i hate clowns

thanks for the comment

Reply
John said on 2:19 pm April 17, 2009

For you conspiracy theory lovers there is an interesting article about this upcoming weekend being the end of this bull run:
http://www.moneyweek.com/news-and-charts/a-foreca...

Reply
Dan said on 4:19 pm April 17, 2009

Thanks for the links…. good info

Reply
Steve H. said on 10:26 pm April 17, 2009

The bears will be back !!!

Reply
Nick L said on 10:27 pm April 17, 2009

Thanks for your comments… Im hoping the bears wake up because I started shorting again.

Reply
Ron said on 3:43 pm April 20, 2009

I guess if you poke a bear in a cage enough times he'll wake up… like today

Reply

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