I feel the odds strongly favor a broad washout before this bear market is over, if only because the lack of a broad market breakdown beyond tech is the single strongest factor supporting the continued high hopes for a rapid stock market comeback,

Bernie Schaeffer

Related Quotes

We're in a frenetic short-covering based rally. The jury is still out about how long this is going to last.

— Bernie Schaeffer

All these obstacles, (investors) are seeing right through them. Where is the liftoff going to come from?

— Bernie Schaeffer

The most popular price level that everybody thinks of is 10,000 because it's such a round number and these very significant round numbers very often have a lot of clout in terms of being difficult to penetrate in any direction.

— Bernie Schaeffer

The so-called risky assets are continuing to outperform.

— Bernie Schaeffer

All these obstacles, (investors) are seeing right through them, ... Where is the liftoff going to come from?

— Bernie Schaeffer