What Does Bear Market Mean?
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| When in doubt, ask the bear. Photo by Jonathan Dunaief. |
January 26, 2009
Jonathan Dunaief studied the meaning of a bear market the other day and shares his findings in words and a photo.
Bear Market: "A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, which contributes to further pessimism. Although figures can vary, for many, a downturn of 20% or more in multiple broad market indexes, such as the Dow Jones Industrial Average (DJIA) or
Standard & Poor's 500 Index (S&P 500), over at least a two-month period,
is considered an entry into a bear market."
Click on the photo to enlarge.
Comments:
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Was the bear able to give any advice, or would that be considered "insider information"???
posted by Frank Ostrander on 01/27/09 at 8:48 AM
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