This week and next should end the debate: Bull or Bear Market? While Plunger is to be commended for exiting and riding this out safely in cash, I won’t concede the bull has become a bear until the “chart”(see below) says so. As one can plainly see the low in Sept traded below 22. The low in late Nov. was just about 22. The low in late March was around 23.70 or so. If in this next two weeks we break below 23.70 and 22, I will almost definitely concede the bull is now a bear.(I said almost because a sharp dip below 22 with an immediate reversal higher would require study to see if after a bounce it broke back below 22 and stayed there. That would be bearish.) If we hold above those lows and rally, the on going bull would be confirmed by a break above the 30+ high from earlier this year. We all have our beliefs and ways of measuring but for me the chart tells all. We will soon see what it has to reveal.