Two out of Seventeen

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Whine alert!

I was just looking at the S&P on a quarterly basis. Since it looks like, yet again, we’re going to have another Fed-guaranteed “up” quarter for our precious bull friends, I was curious how many “good” quarters (e.g. real good slam-em-down events) we’ve have. The count? Two. Two out of Seventeen. Just over a tenth. It’s sort of like a tithe for the bears.

Q3 is going to be different. Just you watch.