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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Barry who wrote (1951)10/4/1998 8:26:00 PM
From: Moominoid  Respond to of 3339
 
Liberal party (centre right) just scraped home a victory over Labor on Saturday in Australia. New York up Friday and Oh so bullish according to people on this and other SI threads.

So what would you expect? A big rally in Australia

Our market opens almost totally flat. Maybe that's because it's a public holiday in New South Wales <g> It isn't in Victoria, Queensland etc.

Just checked - 20 minutes ago Nikkei down 100. Waiting to see HK.

David



To: Barbara Barry who wrote (1951)10/5/1998 11:26:00 AM
From: Bill Ounce  Read Replies (2) | Respond to of 3339
 
Think we are not at the "bear market" stage yet.

We've had our "healthy" 15% correction. This rates as at least a pause in the raging, perhaps manic, DOW bull market.

At what point do we call this a "bear market"? I think that's when we're down 25% and don't recover for at least a year.

Any other definitions of a "bear market" out there?

With the world banking crisis and Y2K coming soon, we could very well be at the start of a bear market and a really nasty crash. The problem is that we don't know were there until after the events happen :-(

Yes,we have not had a REAL crash yet.Just a bear market and some nasty corrections