The Bear or Bull label frequently depends on which stick one uses to measure the market with.  A measurement that is sometimes used is the 200 day moving average of a selected market index.  Today the Russel 2000 is a few points above its 200 dma, while the Wilshire 5000 and the S&P 500 are below.  The nasdaq 100 of course has to be different with a reading above the 200 dma.  These variable readings would seem to confirm that there is some money to be made in todays market, but one has to select the right investments to be successful.  I would also repeat that the general market does not have to be a bull or a bear, It can also be a donkey and just sit there and do nothing.  Looking out 6 months, I agree that there is more money to be made, but it will probably not be made in the same investments that have performed well in the last 6 months.

  I'll go out on a limb and predict that precious metals and some commodities related investments will not do as well in the next 6 months as they have done in the last 6.  I think the next tech boom will be in environmental and energy tech, rather than info tech or data processing.  The most recent GDP report seems to reinforce my belief that companies that do a lot of exporting will do well.   Spending for plant and equipment in this country seems to be increasing also.  So, Yes, I expect to make money by investing in the stock market over the next 6 months, but not necessarily on the same investments that performed well over the past several months. 

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