2022-07-28

When Does the Bear Rally End and Ethereum Breakout

I give you a news item from July 2008. Cramer Declares The End Of The Bear Market
I am indeed sticking my neck out right here, right now, declaring emphatically that I believe the market will not revisit the panicked lows it hit on July 15….. Bye, bye bear market. Say hello to the bull and don’t let the door hit you on the way out.

– Jim Cramer, last night (Wed July 30), on his “Mad Money” program on CNBC

The linked post is bearish, he was only noting Cramer's call. Notably, the same guy is temporarily bullish today: The Lows Of The Year Are In
The bear market is not over. That was simply chapter 1. We’re a long way from home. This is a tactical call for the next few months.

Ethereum broke out. This initiates what should be the final leg of the bear market rally.

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