A bear market is a real financial term
1 min read
Some of you here are so delusional. At least daily I see someone saying some variation of “it hasn’t dipped below -irrelevant support- so its not a bear market!”
No. A bear market is an ACTUAL financial term, with an actual definition.
a bear market has a very specific definition: when the market is down 20% for at least a two-month period
It does NOT matter if it hasn’t dipped below the previous bottom, etc.
You’ve all been deceived into thinking bear markets are bad. They’re not. They’re where accumulation happens. You can’t properly DCA without dips.
submitted by /u/AncientBlonde
[link] [comments]
