Ready to Rideout the Bear Market?
Coaching Tip
SEPTEMBER 28, 2011
Bear markets are cunning beasts. Don't get me wrong -- we are not in the bear market territory yet. At least, not officially. An "official" bear market begins when the stocks indexes decline 20%. The DJIA's decline from the May 2, 2011 high to the September 21 low is about 17%. Close, but no cigar. Add to that the strong rallies we've seen over the past few weeks (Sept. 12-20: +685 points in the Dow, for example) -- and lots of people conclude that despite the volatility, things aren't so bad.
95 
Let's personalize your content