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Politics : Ask Michael Burke
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To: PaperChase who wrote (66213)8/14/1999 12:34:00 PM
From: Oblomov  Read Replies (1) of 132070
 
A bear would argue, however, that the bulls have a false
consciousness of the health of the market, and that they will
therefore take outsized risks. When the market stops going up,
the perma-bulls become nasty, much nastier than the sanguine bears
on this thread.

Bears tend to be more risk averse than bulls, but this hardly
implies a failure to think clearly.

So, at what point would you become bearish (again)? What would need
to happen to convince you that the bull market had ended?

AA
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