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To: Boplicity who wrote (8322)7/23/2002 12:27:40 AM
From: stockman_scott  Respond to of 13815
 
The bull’s 18-year gain is cut in half

Wall Street’s 28-month-old bear market takes its toll
On the NYSE Monday, the Dow fell another 235 points, closing at its lowest level in 4 years.

By Martin Wolk
MSNBC

July 22 — One of the greatest bull runs in stock market history, which lasted nearly two decades and enriched a generation of investors, has come apart with astonishing speed and violence. By the end of trading Monday, the deepening 28-month-old bear market had wiped out half the gains accumulated from 1982 through the market’s peak in March 2000.

msnbc.com