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    Volatility Report 9/24/2020

    September 24, 2020

September 24, 2020

Volatility Report 9/24/2020

What the bulls would love to call a correction is on the cusp of confirming its nature as a bear market

This has nothing to do with the arbitrary definition of a correction being anything less than 20%, and normally 10% give or take. It has to do with the lack of panic near the top of the bull, which after a certain number of days from the all-time high gives great confidence to the bears.  If between now and the opening on Monday the market has not had a panic with all of its earmarks and without a buying momentum surge, by historical standards the market has slipped into a long term bear that will last on average 18 months and cash in 36% in profits on average.

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