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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Investor2 who wrote (338)8/27/1998 9:49:00 PM
From: Boca_PETE  Read Replies (1) of 15132
 
I2: RE:<thought Bob's definition of an intermediate term correction is 10 to 20 percent>

In recent years, your recollection is correct. However, my notes collected from many years show the following definitions:

Consolidation = Less than -10%
Correction = -10% to -15%
Bear Market = -15% to -20% or greater lasting six months to two years.

Brinker may have changed his definitions over the years. Whatever we label this event, let's hope it is contained in the -10% to -15% range.

P
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