Discussion in 'Trading' started by bond_trad3r, Mar 25, 2009.
What's the technical definition. If it rises 20% from its low?
Techically, we are in a bull market as we rose 20% from lows. I bought calls...but I think the market will stall over the next few days. I am holding till expiration in May.
What if the technical definition is flawed?
Nah. This is a bear market rally. There is a lot more to defining a bull or bear market than the percentage move made from a possible top or bottom. For this to be a true bull market we'd need a strengthening economy, job growth, and wealth creation. I see the opposite....therefore a bear market rally, no matter the gains from the lows.
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