The stock market has been charging like a raging bull since 2003. There were 2 correction periods in mid 2006 and 2007, but it has been up since then. And it was almost threatening to hit 4000 (Oct 2007) at one point.

Look where we are now? Down past 3000. What next? 2500?

With a series of lower highs and lower lows showing up in the chart, and a coming possible recession in the US, I think a bear market is round the corner.

What say you? Personally, I think it is time to go the other way - short!