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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Giordano Bruno who wrote (59094)8/27/1999 9:18:00 PM
From: yard_man  Read Replies (1) of 86076
 
From the same article:

>>''My take is'' Tuesday's Fed ''move is another step toward entering a bear market in the year 2000,'' Blood said.

And how will investors know it's a bear market, instead of a correction, or 20 percent drop?

''I define a bear market as a stock market falling to an 18-month low,'' or ''well in excess of 20 percent down and lasting for six to nine months.''

<<

I agree. We are setting up for a bear market in 2000, but not a puny 20% for 6 - 9 months -- it will last longer if it comes.
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