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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Allan Harris who wrote (5292)5/23/1999 10:43:00 PM
From: Sam   of 15132
 
Allen,
Thanks for your post. One comment on your <<3. He pointed out yesterday that there has not been a Bear Market since 1990. I think the case can be made that there was indeed a Bear Market in 1998.>>

There was also a bear market in 1994. The major averages were flattish, but a lot of stocks got creamed. The averages were held up by the current nifty fifty (or hundred, or whatever it is these days).
I forget now what the stats were, but it was pretty gruesome for most stocks.

So can we now conclusively say that in this Great New Era, we're on a 4 year bear cycle?<vbg>
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