Here they go again. The headline after the close today read:
Dow off nearly 20% from high, signaling bear market
That's what HAS happened. Calling something a bear market implies that more of it WILL happen. Can anybody give me a break? How about this headline?
The Dow is down 20% and you should have sold when the technicals turned sour oh, about a month ago.
Sorry, just a pet peeve of mine. This sort of stuff does absolutely no good to anyone's readers or clients.