- the current US consumer-led recession is much worse than the 2001 tech bust
- The 2001 bust lead to a 91 week bear market in Singapore
- Current bear market only in 54th week
- "Bear markets typically do not hit the trough or end until the economy is past the worst phase of the recession. In the 1985/86 recession, the bear market ended at the tail end of the recession. In the 1997/98 Asian crisis and 2001/02 tech recessions, the bear market ended in the middle of the recession, during the quarter where contraction was most severe."
In case its not obvious, I'm really hoping for another leg down. Most of my money is on the sidelines.