Is the big bear really coming? I certainly hope it is. For it is the best opportunity for investor with spare cash to pounce and scoop up value counters.
However, the thing is, the more people expect a bear market to arrive, the less likely it is to happen. With the mass majority holding onto cash, waiting to jump in at the sideline upon the slightest sign of market decline, this will provide some form of price support. Bear doesn't strike when everyone is waiting for it, it strikes when you least expect it.
I personally hope there are not too many people giving warnings about bear market!
Let the market rise and rise, till it becomes euphoric. This will increase the probability of market plunge. Similar to physics, the higher it rises, the faster and more it falls.
Of course, we can't predict, or even forecast, when will bear strike. Nobody knows. We can only hold on to our cash, and wait patiently, concurrently resisting our itchy fingers to enter while the market rolls on.