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To: stock bull who wrote (45465)5/30/1998 12:53:00 PM
From: jim kelley  Respond to of 176387
 
Re: Quality: DELL gets the A's

www8.zdnet.com



To: stock bull who wrote (45465)5/30/1998 12:55:00 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 176387
 
Whatever you say.... people don't know exactly when a bear starts or ends.

What tech group do you think is performing well right now as a percentage of the whole?

Trust me, I'm totally aware of what a bear market is. I'm being specific in saying that we are having problems in the tech sector. This could drag out until 1999. Is that a bear market or correction. When did it start, how far down and finally, does anyone really care? Generally, it's too short for a bear, we should probably call it a painful, drawn-out correction.

Aloha



To: stock bull who wrote (45465)5/30/1998 1:23:00 PM
From: BUYandHOLD  Read Replies (1) | Respond to of 176387
 
Bull
Lynch has coined what I thought interesting;

1. "Papa Bear" (1929-duration: 25 yrs to Break Even from 1929 hi)
2. "Momma Bear" (1973-1974-duration: 12yrs to BE)
3. 1982 Bear
4. Crash of 1987 (508 Dow drop in 1 day-big deal,esp then)
5. "Saddam Hussein Bear (1990)

In the text "correction" was approx 10% drop from most recent high, 53 this Century or once every 2 yrs. "Bear" was 25% or more,
once every six yrs approx. Of course a bear has to be a correction
first by definition.
Now that is what Peter Lynch says, other people may think different, hopefully not too differently.

CG

ref: Learn to Earn; Lynch & Rothchild, Simon & Schuster(1995) pg 198