Originally Posted by
Baa_Baa
But it's still a bear market locally. Fine if you're index the SP5 or DOW, even NAZ, but NZX is a dog, locked in a three year SP downtrend since it's highs Jan 2021. Maybe your, or some of your stocks are SP bullish, but the NZX remains a backwater den of iniquity. Until it isn't.
So saying it's "not a bear market" is ... complete the sentence.
It's Christmas Tim, I remove everyone from my ignore list and reevaluate from there. So far we're not doing too well. You reckon we're in a "not a bear market". Explain that to everyone who has 3 years of SP suffering and are still in a deep downtrend.