zz 三级跳水
The market crashes in three completely different ways.
The Simple Pullback
The major indices drop fast, dragging every single stock down with them at the same time. It’s loud, obvious, and all over the news.The Sideways Bloodbath
The index holds up completely fine or grinds sideways. Meanwhile, underneath the surface, individual leaders get quietly taken out back and go through brutal 30% to 50% corrections.The Structural Bear Market
This happens when the sideways bloodbath goes on for too long. Eventually, the index weights snap, the mega-caps give up, and the broad index officially rolls over into a long-term downtrend.
Right now, the indices are just going sideways. But look at the tape on your screen. The actual leaders are dropping like a rock. Individual stocks are already in a full bear market under the surface.

