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-   -   I vote to call it a Bear Market! (http://www.early-retirement.org/forums/f28/i-vote-to-call-it-a-bear-market-95345.html)

NYEXPAT 12-20-2018 04:25 PM

I vote to call it a Bear Market!
 
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.

jazztbone 12-20-2018 04:46 PM

-1

Onward 12-20-2018 04:48 PM

-1

Not yet.

VanWinkle 12-20-2018 04:51 PM

-1

W2R 12-20-2018 04:53 PM

I changed my avatar when I saw this thread. Maybe this is a "Teddy Bear Market"? ;D At least, so far. I agree with others that it's probably not a full fledged Bear Market quite yet.

TBH I expect it to get much worse before long, but then what do I know about it?
(answer: absolutely nothing).

easysurfer 12-20-2018 04:56 PM

+0.5

I'm holding back to see how things are January before calling it bear or no bear :popcorn:.

Dash man 12-20-2018 05:02 PM

Iíll worry if my dividends start being cut.

OldShooter 12-20-2018 05:11 PM

I don't think the market cares what people call it.

When asked what the market was going to do, J.P. Morgan supposedly said: "It will fluctuate."

That's really all I know and all I need to know.

Red Badger 12-20-2018 05:13 PM

Quote:

Originally Posted by easysurfer (Post 2160359)
+0.5

I'm holding back to see how things are January before calling it bear or no bear :popcorn:.

+.05

So, combined, another +1. ;D 2018 corp reports will be interesting. So yup, perhaps Jan or Feb I can weigh in....:popcorn:

redduck 12-20-2018 06:37 PM

Quote:

Originally Posted by OldShooter (Post 2160367)
I don't think the market cares what people call it.

Of course the market cares what people think: it reacts and often over-reacts to people's thoughts and feelings. For instance, if people call it a correction and soon afterwards a whole bunch of people begin to call it a bear even before it becomes a bear, it can turn into a real nasty bear.

footenote 12-20-2018 06:44 PM

Quote:

Originally Posted by NYEXPAT (Post 2160348)
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.

+1

This bear has been / continues to be forecast by many previously-reliable signals.

street 12-20-2018 07:05 PM

I really don't know which way to agree. I do know, that I hope it isn't a nasty bear, if that is what it is.

Souschef 12-20-2018 07:09 PM

On the bright side, it has decreased my RMD;)

street 12-20-2018 07:18 PM

^ less taxes to pay. LOL

target2019 12-20-2018 07:18 PM

Quote:

Originally Posted by NYEXPAT (Post 2160348)
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.

-1

NW-Bound 12-20-2018 07:24 PM

Quote:

Originally Posted by NYEXPAT (Post 2160348)
With the Russell 2000,Nasdaq and 60% of the S&P in a Bear Market, I think we can stop calling it a correction. Agree or disagree with a +1 or -1.

-1. Not yet.

The S&P high was 2940.91. It closed today at 2467.42. That's -16.1% down. Only 4 more percents to go. It may make it there before New Year. Plenty of time for us to celebrate NY and start 2019 in the pits. Why rush it?


Quote:

Originally Posted by Souschef (Post 2160411)
On the bright side, it has decreased my RMD;)

But, but, but it increases my WR. :mad:

Nick12 12-20-2018 07:36 PM

-1. If you have cash, perfect time to buy when market is down. The ones who are going to miss out are the panic sellers.

JackJester 12-20-2018 07:37 PM

-1 The longest bull can't last forever. Now is better for me personally than later with OMY/TMY left, so I'm biased.

38Chevy454 12-20-2018 08:30 PM

-1, although it is getting close to the official 20% down. Just 4% to go down, which at the current rate of approx 2% loss per day means we should hit the official bear next week, in time for year end performance results to look worse.

audreyh1 12-20-2018 08:47 PM

Quote:

Originally Posted by NW-Bound (Post 2160420)
-1. Not yet.

The S&P high was 2940.91. It closed today at 2467.42. That's -16.1% down. Only 4 more percents to go. It may make it there before New Year. Plenty of time for us to celebrate NY and start 2019 in the pits. Why rush it?




But, but, but it increases my WR. :mad:

Yep, Iím waiting for the official S&P 500 index 20% down.

Yeah my 2019 income has been dropping steadily over the past two months!


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