A Bear Market describes a prolonged downturn; named for the bear’s lethal attack method of striking downwards with his powerful paws. The bull, on the other hand, strikes his opponent with his horns, sending it upwards. Therefore a Bull Market describes steady upward movement in the market. Moreover, the bull inspires optimism, and a desire to invest heavily. But the bear is a lumbering figure, gorging himself, and then preparing for hibernation.
There is a lot of important information to be gained from studying both the bears and the bulls in the market place. One important thing to remember is that bears happen to good stocks too. So, let’s have a look at what is going on in these markets.