Lately, I've been warning almost daily that a sharp drop is imminent, that this is the end of the mid-bear market rally, and an opportunity to escape before the crash; it's not some early bull market bottom-fishing opportunity. With such an obvious false breakout and such a fierce decline, what bull market are you still dreaming of? Remember, the second half of a bear market will be much smoother than the first half. Don't try to catch the bottom, don't go long!!!