We are glad we did not recommend buying into yesterday’s rally. Today it seems as though everyone has read our blog and thinks the bear market will be over before mid year. But only our blog said the bear market would be recognized as underway by the end of 2015 as we said at least a year ago.

Also we predicted the current bear market was likely going to have the largest drop before the recession is recognized and there will be a final market drop March-May 2016.