Bear Markets

'87 Crash | '29 Crash | '73-74 Bear | Nikkei Bear | 1999 Bear ???

•A long term downtrend (a downtrend lasting months to years) in any market, especially the stock market, characterized by lower intermediate lows (those established in a time frame of weeks to months) interrupted by lower intermediate highs. From Trader Vic- Methods of a Wall Street Master, by Victor Sperandeo.

•A bear market is a decline of at least 15% in each of three important stock averages: the Dow Jones Industrials, the S&P 500 Index, and the ...Value Line Index. From Martin Zweig's Winning On Wall Street, by Martin Zweig.

Bull Markets

'83-'97 Bull | '95-'97 Bull

•A long term uptrend (months to years) price movement in any market, characterized by a series of higher intermediate highs (those established within weeks to months) interrupted by higher consecutive intermediate lows. From Trader Vic- Methods of a Wall Street Master, by Victor Sperandeo.

•An extended period of generally rising prices.... From Wall Street Words, by David L. Scott.