Yes, when the market turns to bears, investors tend to get busy buying and what we saw last week certainly qualifies the current situation as a "real" bear market. First, the S&P 500 was down about 11% during the past two weeks. Secondly, all sectors participated in the sell-off. Whether it is "taking a profit" or "selling what you can for what you want instead of what you want", this indiscriminate liquidation is the hallmark of a bear market. For example, energy stocks, which were nearly impervious to market weakness this year, fell 17% last week! It still gives off up to 31% of energy and is the only area in a green ye