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Strategies & Market Trends : Waiting for the big Kahuna
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To: HammerHead who wrote (77660)11/21/2007 4:57:50 AM
From: Real Man  Read Replies (1) of 94695
 
No. Official bear market will begin when stocks are 20% off,
and by that time the correction could very well be over. -g-
Anyhow, bear markets are always viewed in rear view mirror.
A correction exceeding 20% is officially a bear market, which
technically is a correction in a long-term move up for stock
prices, which officially is not over until stocks exceed prior
high, which is also too late anyhow. You'd make the best bucks
in an official bear market of 1929-1954 if you went long the
DOW at 1932 bottom -g-
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