‘Talk about classic bear-market behavior. We crater all week and then we open up huge on nothing, but because we are so oversold it is hard to let things go.’ Are we in bear market or something more benign?
That’s the crucial question bedeviling a number of investors, including CNBC personality Jim Cramer, lately. In a Monday tweet, Cramer appeared to suggest that if the current dynamic walks like a duck and talks like a duck … then it’s bear. In other words, if the characteristics of a bear market are on display then the market should consider that one may be at hand. Read More.