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To: Tweaker who wrote (61640)8/27/1998 10:48:00 PM
From: stock bull  Respond to of 176387
 
Tweaker, re: <<Maybe I am wrong but I see a bear (or Bull) market as something that is continuous. In other words, it continues to go down (or up).>> The definition of down 20% as a bear market is just a definition. Of course, to be in a bear market you would have to keep going down.

Stock Bull



To: Tweaker who wrote (61640)8/27/1998 10:54:00 PM
From: Ed Stern  Read Replies (1) | Respond to of 176387
 
I agree with your general definition of 20%. However, for one to say this isn't a bear market, I don't know where they're living. 997 new 52 week lows, 10 new highs, bad breathe for the last month, what's the Russell down ... 30% ? NASDAQ down 17%, over 50% of stocks off at least 20-30% from their highs. Internal are terrible. I think the world has been 'DOW HAPPY' and fails to look behind the scenes. It looks pretty bad out there ! Actually DELL is holding out pretty good all things considering. May be rough in the next couple of days with M.D selling some of his shares. But these guys have tax problems and needs that we as commoners don't understand !

Good luck one and all in the rough days ahead !

Ed



To: Tweaker who wrote (61640)8/28/1998 3:04:00 PM
From: Jim Patterson  Read Replies (1) | Respond to of 176387
 
Tweaker,

For what it is worth,
Every time in market history that investors thought there was a new paradigm,
the market took a pounding.

Money by itself does not drive the market higher.

Jim