exiledbear (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} exiledbear) wrote,@ 2009-06-07 11:56:00 |
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One of the hallmarks of a bear market
http://exiledonline.com/depression-p
Is when prices go down and people feel good about it.
Contrary to just about every single economic metric — rising unemployment, rising credit card debt, falling production, spiraling real estate values — people are optimistic.
Bull markets are the opposite, prices rise and people either get scared about it or pooh pooh it or ignore it.
http://exiledonline.com/depression-p
Is when prices go down and people feel good about it.
Contrary to just about every single economic metric — rising unemployment, rising credit card debt, falling production, spiraling real estate values — people are optimistic.
Bull markets are the opposite, prices rise and people either get scared about it or pooh pooh it or ignore it.
