U.S. Stock Market: Distribution Has Been Taking Place For Many Months

When you have bear markets something comes along and triggers it, and we think it is because of it, but it is always going on underneath anyway.

So this time around if we look at the United States stock market it has been going sideways for 18 to 24 months if you look at the advance/ decline or other indicators. In many circles that is called distribution in other words the smart guys are getting out and selling to the not so smart guys.

Related: SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), nasdaq 100 Index, Russell 200 Index

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.