Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (24349)	8/16/1998 5:27:00 PM
From: Gersh Avery	Read Replies (1) of 94695

Hi Donald Re:"I am using greater than a 15% decline in the DOW and SPX as my parameters to determine a bear market" I'm surprised to see you use that as a method of describing a bear market. Would it not be better to use the slope of moving averages to determine bear or bull market? I mean that if the market had been in a state of overall decline for the last 5 years and we had a momentary spike up of ~15% would that then be a bull market? I think not .. just a correction of 15% magnitude. Gersh

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