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This is a bear market ... true!The All Ords have performed as they did Monday through to Thursday last week and there are still buyers ... true!If this were a CRASH then there would be no support levels and there would be no buyers!Those that are postulating losses are looking at the short term fundamentals -- what the 'ticker' is saying now! Forget this ticker and understand market fundamentals and know that the equities markets will bounce back on every correction / crash. You just have to reset your goals accordingly!This market is very liquid... a big difference between 1929, 1973/74 and 1987.The concept stocks may take a battering but did they not do so in the real crash in '87 and bounce back very handsomely from there over the subsequent 12 years (it may have taken 9 months, so just extend your long term buy and hold philosophy accordingly)!8=)Also when a bottom has been reached there is such a thing called averaging!
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