Like that arcade game where kids whack the mole every time it pops its head up through the hole, the programs knocked the indices back each time they peeked over the line.
The site now has 12, 000 members and has conducted more than 5, 000 live auctions over the past year, providing it with enough liquidity to start compiling real-time market trends and indices.
But with all of the indices at or near new all-time highs (save for the Nasdaq, perennially in the shadow of its mania highs north of 5000), many are beginning to wonder whether or not the secular bear that began 13 years ago has finally been slain.