In a bear market, good news is bad news & bad news is bad news...
Those firms that report solid profits in a bear get slaughtered...
The BBK 5yr chart points lower to 9/- with all those splits... When they start reporting bad profit reductions the selling will relax!?
Mr Market's psychology is very twisted & this is not taught in class...
http://www.youtube.com/watch?v=gUkbdjetlY8
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!