I'm not sure how you jumped to that conclusion.
But "by my logic" we ought to see a bear market if a) there's a huge upward change in the supply of stock and b) there's a great disincentive to give heaping gobs of cash to mutual fund managers whose job it is to buy stocks.
> Is it different now?
I think we're in a supply/demand situation that we've never seen before, yes.
/jordan