The double bounce that the stock market has just done, a high run up, then a dip, then a bounce up, then it goes down, is classic and it signals a bigger drop. I'm not a pro, that's what my guy at Morgan Stanley says. So I think pcurve may be right.

I'm about 75% in cash right now.

Click on the 6 month view to see the double bounce.

WTF HN? A downvote for passing on information?