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To: wooden ships who wrote (482)	8/30/1998 5:25:00 PM
From: DD™	Respond to of 15132

I guess my only question is this: What is the difference if the market goes down (and stays down) 20% in 2 months as opposed to a 20% drop in 12 months? DD

To: wooden ships who wrote (482)	8/30/1998 8:46:00 PM
From: stock bull	Respond to of 15132

Truman, re: <<The thing for me that distinguishes a true bear market from a nasty correction is duration." I think duration is one major feature of a bear market. Of course, the other is the magnitude of the drop. And, I would add the drop in one's personal portfolio is still a consideration. For example, if one had a bond portfolio that dropped 8%, while someone with and equity portfolio that dropped 30%, the owner of the bond portfolio may not think he/she is in a bear market. The holder of the equity portfolio would think otherwise. JMO Stock Bull