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To: Keith Hankin who wrote (20798)9/1/1998 4:35:00 PM
From: Reginald Middleton  Read Replies (1) | Respond to of 24154
 
<Last night a couple of economists were quoted as saying that it is a bear market, and the analysis said that it was a text-book case of bear market.>

So!!! This is a correction in a raging bull market. A prolonged downturn in equity prices will make it a bear market.



To: Keith Hankin who wrote (20798)9/2/1998 3:53:00 AM
From: ed  Read Replies (1) | Respond to of 24154
 
And tonight , those analyst said this is not a bear market, just a correction in the big BULL. In a bear market, the rate will go up, unemployment rate hits record high month by month!!!!


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