The objective of the Bear is not to help those investors who
are Bears to make money and hurt Bulls. The Bear wants everyone to be losers.
And, that is so important for investors to realize during a Bear market. Bear
markets will have massive rallies, which are usually caused by shorts having to
cover their positions. That is why my focus is not on the daily noise (ups and
downs) of the market but on the weekly closing prices, which eliminates all
that daily noise. And, that is why I use the weekly "Exponential Moving
Average" as my investment strategy. That is, if the DJIA’s 15-week EMA
> 40-week EMA, the market’s trend is up (bullish). Likewise, if the DJIA’s
15-week EMA < 40-week EMA, the market’s trend is down (bearish). Currently,
the phase of the market is bearish (trending down).
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