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“Stocks are skirting what the media and the analysts are calling "bear-market territory.”
“After a good bear-market rally, we have started to show weakness, and if the Sensex falls below 16500 next week, we can expect further sharp falls," said A.K. Prabhakar , senior vice president at Anand Rathi Securities.”
“In less than two weeks, U.S. stocks have staged a remarkable recovery that saw major indexes climb from near bear-market despair to positive territory for the year.”
The Wall Street Journal: Iran Accused, Cain Leaps to 1, RIM Outage
“Technical analysts, who study stock charts for clues about the movement of the markets, said stocks were due for a rebound after falling toward bear-market lows the prior week.”
The Wall Street Journal: Stocks Fend Off Bear, Close Up for the Year
“Still, for some investors the bear-market picture is brighter than the simple index figures indicate.”
“The S&P 500 had crossed into bear-market territory on an intraday basis on Tuesday before turning positive.”
The Wall Street Journal: Blue Chips Make It Two in a Row, Up 131
“The Dow is down 8.2% in August and at various points over the past few weeks approached bear-market territory, categorized as a 20% decline from recent highs.”
“Federated Prudent Bear Fund: This is one of the most veteran bear-market funds, launched at the end of 1995.”
“It wasn't long ago that the Dow neared bear-market territory, defined as a drop of 20% or more from a recent peak.”
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