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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (22985)	8/2/1998
From: Investor2	Respond to of 94695

Re: "I was told that a correction was in the 10% range and a bear market starts at 15% and a crash is over 25%." FWIW, I would agree with the correction level of 10%. However, I think that the levels of 15% and 25% for a bear market and crash, respectively, are too low. I wouldn't call it a bear unless the market dropped 20% at the very least. Also, I think that the speed of the drop needs to be considered when determining whether a bear market fits the definition of a "crash." If we got a 25% drop in one or two days, I would call it a crash. If the market slowly dropped 25% over a period of 12 months, I would not call it a crash. Again, for what it's worth, I2