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To: Eddie Kim who wrote (64016)	9/7/1998 7:43:00 PM
From: divvie	Read Replies (2) \| Respond to of 176387

OK Eddie, so that you don't take it so literally, I'll spell it out. I was talking about the day when the DOW crosses that 20% threshold not a one day drop. In fact, for this 20% correction I was thinking about what has actually occured. If the day after the DOW hits that 20% correction number, it goes back up and keeps climbing, is that a one day bear market? The DOW could go down 1% a day from its high until it hits 20%. Is the day it hits 20% a bear market but the day before is not? What if it stays flat at a 19% correction for years? That is not a bear market by your definition.