So, unless the bears can come up with a reason to scare the heck out of us again in relatively short order, we should keepin mind that markets tend to exit a consolidation pattern heading in the same direction they were going before the consolidation pattern began.
But Sullivan argues in his recent newsletter that there is another historically accurate pattern that would keep you all in on stocks, especially big Dow Jones Industrial Average-sized stocks (note that Grantham and Ken Fisher love the very biggest blue chip stocks).
We do this with discourse on Facebook, chatting on Twitter, joining business networking groups, getting together for chick-talk and in the process, help to keep one another focused in ways men find difficult to pattern.