The two bears – gummy & grizzly
There are 2 types of bear markets in shares:
“gummy” bear markets with falls around 20% meeting the technical definition many apply for a bear market but where a year after falling 20% the market is up (as for BTC, 20% fall may be just a correction which recovered in less than a month); and “grizzly” bear markets where falls are a lot deeper and usually longer lived.
Buy low, sell high – Where is the high and low?
