lol... here's one definition of a bear market:
Bear market
A bear market tends to be accompanied by widespread pessimism. Investors anticipating further losses are motivated to sell, with negative sentiment feeding on itself in a vicious circle. The most famous bear market in history was the Great Depression of the 1930s [2].
Prices fluctuate constantly on the open market; a bear market is not a simple decline, but a substantial drop in the prices of a range of issues over a defined period of time. By one common definition, a bear market is marked by a price decline of 20% or more in a key stock market index from a recent peak over at least a two-month period. However, no consensual definition of a bear market exists to clearly differentiate a primary market trend from a secondary market trend.
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Somehow I don't think there is quite the widespread pessimism setting in just yet. The All Ords would need to drop to around 4200 before we can say there's a bear market. The signs are not there.
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Last
$42.70 |
Change
-0.380(0.88%) |
Mkt cap ! $216.5B |
Open | High | Low | Value | Volume |
$42.91 | $43.15 | $42.66 | $398.1M | 9.282M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 16374 | $42.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.73 | 600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 15203 | 42.700 |
9 | 5434 | 42.690 |
13 | 7177 | 42.680 |
9 | 9482 | 42.670 |
27 | 15226 | 42.660 |
Price($) | Vol. | No. |
---|---|---|
42.730 | 600 | 1 |
42.760 | 4201 | 3 |
42.770 | 90 | 1 |
42.840 | 5133 | 2 |
42.850 | 8090 | 3 |
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