Posted by Lotg (OZ) on August 31, 2004
In Reply to: Stay even posted by MM on August 31, 2004
: If this bear market is to last for another decade,
: it will be very difficult to stay even.
: What does "stay even" mean here?
As I understand it (and I'm no financial whizz, so guys, eg. Ward, perhaps you can help me here), a Bear Market is a falling market. This statement suggests to me that the speaker is saying if the market continues to fall it will be impossible to maintain the financial status quo and not to lose. Although it sounds like an odd statement to me, because I would think if the market falls, losing would be unavoidable, unless the writer has managed to invest in stocks that don't fall while the others do. And unless the writer is suggesting that even if they have invested in stocks that aren't falling, eventually in a Bear Market, their stocks too will eventually succumb.
But I have absolutely no knowledge of the stock market, so did I get even close to the mark and I need help guys!!!!!!!!!!