Yes, these maxims are often wrong, and they become trite, but it seems bears may be lurking anxious to seize the opportunity.
But we’ve seen since October 2015 and much of 2016 bears saw opportunities come and go amid serious volatility.
Fundamental market views certainly support bears since October 2015.
Declining global economic data and earnings have left stocks overprice when measured by sky high Pes and so forth. Yet cheap central bank money has supported bulls as has unproductive massive stock buybacks. The 8-year refrain has supported a “more money than brains” environment.
Stocks continued to fall Wednesday although the obligatory 2:15 PM Buy Program Express (see