Watch Out For the Bears!

Richard Russell famously commented on Bear Markets: 

"In a bear market, everyone loses, and the winner is the one who loses the least."

What made me think of that?

This sign:

Bear_warning

Via Mark Faber’s Gloom Boom Doom report.

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What's been said:

Discussions found on the web:
  1. Dr N commented on Aug 20

    very funny!

  2. VennData commented on Aug 20

    Remember, only you can prevent forest fires.

  3. Bob Morris commented on Aug 20

    “You don’t have to be able to run faster than the bear, you just have to run faster than the other people you’re with.”

  4. karen commented on Aug 20

    Anyone feeling bullish about today’s market activity should take a good hard look at an 8 month chart of the $wlsh. The complacency i see among traders actually frightens the heck out of me.

  5. DL commented on Aug 20

    I think we’ll be seeing a lot more grizzly bear shit (replete with bells and pepper) over the next several months.

  6. JustinTheSkeptic commented on Aug 20

    What does a Polar Bear enjoy for din-din? Perhaps the whole North American and European continents. It aint pretty is it!

  7. yogi commented on Aug 20

    Great sign. I heard from a friend that at the Denali Nat’l Wildlife park there is a sign to hikers that says something like:
    “Past this sign, you are NOT the top of the food chain”.

  8. leftback commented on Aug 20

    This would appear to be incontrovertible evidence that bears do in fact shit in the woods.

  9. AGG commented on Aug 20

    leftback,
    Yep; especially the wild ones.

  10. gypsy howell commented on Aug 20

    I was chastened by the signs in Glacier National Park that say the thick metal trash bins are merely “bear resistant” as opposed to “bear proof.” Plus all the warnings about “not sleeping the the clothes you cook in.” OK, I get the message.

    We switched from camping with our kids in a tent (protected by 3 ml of nylon fabric and a pocket knife) to sleeping in motels. Call us chicken.

    The bears are dangerous. And a lot hungrier and faster than you.

  11. Pat G. commented on Aug 20

    “sleeping in motels.”

    Yeah, that’s always been my idea of “roughing it”.

  12. mind commented on Aug 20

    Which reminds me of the famous answer to an obvious question:

    Does the pope shit in the woods?

  13. Jon H commented on Aug 20

    “Feces from Wall Street bears have remains of Gucci loafers, Rolex watches and pages from “American Abundance”.”

    And is surrounded by soiled pages, torn from “Dow 36000”, which the bear used to clean up after.

  14. VennData commented on Aug 20

    So meet a bear and take him out to lunch with you
    And even though your friends may stop and stare
    Just remember that’s a bear there in the bunch with you
    And they just don’t come no better than a bear

    — LL ‘Bear’

  15. Braden commented on Aug 21

    I understand that Mr. Russell had a stroke quite recently. Here’s hoping that he’ll be able to continue his very smart and insightful market commentary for many years to come. It’s a drain on his health, but he seems to enjoy it.

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