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ProfessorGAC

(64,951 posts)

4. The Bear Market Lasted A Week?

Reply to elias7 (Reply #1)

Wed May 6, 2020, 05:12 PM

May 2020

DJIA, S&P, & the Russell are down 18-21% from where they were in January.
S&P and the Russell are below where they were 28 months ago!
This bear market isn't over.
The virus issues triggered an overdue correction and stimulated long term profit taking which caused the markets to overcorrect.
There's no resumption of a bull market.

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5 replies

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It may get uery confvsing for vs here on DV [View all] Shermann May 2020 OP

I am confused why were talking recovery elias7 May 2020 #1

The Bear Market Lasted A Week? ProfessorGAC May 2020 #4

I think by the end of May we'll know our fate nt Shermann May 2020 #5

S&P 500 is below where it was in January 2018, more than 2 1/4 years ago progree May 2020 #2

I predict an "L" shaped recovery lagomorph777 May 2020 #3