The bear rally is an opportunity to enter shorts -

  1. 1,816 Posts.
    Throughout history, bear markets have ended with PEs below 10, and yields above 8%.

    The DOW is currently trading on a PE above 25, and on a yield of 2% - hardly the type of value that marks the bottom of a bear market!!

    Be warned, this is not the start of the 'new bull market'.

    Take it for what it is - another spectacular bear market rally.

    ... and another opportunity to exit longs and enter shorts at very attractive prices!!
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