Ithastheplantigradefeet (heel and sole touching the ground) typical ofbears, with fivesharp, curvedclawsoneachfoot for grasping the iceandholdingits prey.
So, with sovereign debt contagion looking like it is starting to roll and declines in Asia based on policy tightening fears, it appears that the bears are looking at a new set of downs and will start on the one-foot line.