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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: HairBall who wrote (13291)5/9/1999 12:05:00 AM
From: Don Green  Read Replies (2) of 99985
 
When do you have a NEW bear market, vs. just a steep market correction...

(When the Dow 30 breaks below the previous years low it is then a BEAR market.)

Since THIS Bull market started in 1982 the Dow 30 has NEVER broken below the low of the previous year.

In 1998 The Dow's low was around 7400.

regards
don
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