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Strategies & Market Trends : Investing during a Bear Market

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To: Richard Estes who wrote (205)11/14/1997 2:36:00 PM
From: Joan Osland Graffius  Read Replies (2) of 226
 
Richard, >I haven't seen anything for me to call a bear market.

You are correct, this is not a bear market yet. What has happened is the DOW has broken its 150 day moving average with a double shoulder formation and a lot of stocks have head and shoulder formations. It could be a short correction in a bull market. There is a fair amount of uncertainty on what affect these emerging economies will have on mature economies and IMO buying some insurance is prudent.

Joan
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