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Old 11-09-2007, 09:32 PM
stephenNUTS stephenNUTS is offline
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Join Date: Oct 2006
Posts: 964
Default Re: is this a bear market?

Not by historical standards at least for now

In the past...the start of a bear market from a technical standpoint,was a correction in the major averages(the S+P and Dow) of at least 20% from the near highs established during the bull run.

With the Nasdaq market being populated in majority with tech stocks,and times changing....I am not sure if this still holds any weight

e.g. the Dow and S+P dropping in the Spring of 2000,did in no way come close in comparison to the NASDAQ (dot.com bubble collapse) from its 5000+ high in percentage terms

SF [img]/images/graemlins/cool.gif[/img]
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