Are we fast pacing down to a BEAR MARKET?

As I mentioned in my last post, the index is falling down as if every thing is pre - orchestrated. Honestly I must say that I do not believe that the market is going to nose dive to bear market territory so fast. Markets would not fall in single lines, as much as they do not go up that way. As such a rally must take place. But that rally will be used by some to sell into, as the present gloominess will not do any good for the bulls to plunder. Unless we see a game change we will be heading to that unfriendly territory of 20% drop since the painful up trend from June 2012. If that is going to happen I hope that it will not be for too long. The best of all is that the friends of the Bears are gathering up their momentum. They are the Long Term value pickers. For them the lower the merrier. They like to see the colour of blood all over as long as they would want. That colour is RED.

Watch out for the following:
1000 sma is at 6259 points.
20% fall from the high of 7670.98 is 6136.78.
Present strategy - Value pickers - Average Down. Traders - stay away. Mature Traders - Make use of the over sold situation to your advantage.