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To: Eddie Kim who wrote (64023)9/7/1998 9:34:00 PM
From: divvie  Read Replies (1) | Respond to of 176387
 
Well done Eddie, you've conveniently changed the subject.
See your post below:

Message 5687339

I agree with you that you should look at why a correction occurred but that was not your original point to which I was replying.

To my understanding, if the DOW corrects 20%...we are in a BEAR market. You're right when you say an economic slowdown and Bear Market usually coincides; however, this does not need to be always the case

Others, such as Jim Kelly and Lee pointed out to you that there was more to a definition of a bear market that you suggested:

Message 5682388

You asked what those factors were:
Jim Kelley seems to implying that other criteria are needed (besides to 20%) are needed to make a "Bear market". I want to know what they are...if they exist.

I do not profess to know, but I did want to know if you factored duration into your definition. You misunderstood, then you changed the subject.
Furthermore, how was I claiming that markets go down for no apparent reason? I was simply using the numbers to show how narrow a definition it was that you were using. Of course there is a reason for the drop. Not necessarily rational but a reason/reasons nevertheless. We were not discussing the reason. Look at your question again (I have conveniently pasted it above for you).

Is this clear enough for you?