QVMS - On The Way To The Bottom? - Weekly Blog # 730

• A fall of 20% from a former peak is called a bear market, a decline of 10% is labeled a correction, and a smaller decline is called a market phase. Today, the three popular US stock market indices can each be labeled with a different name.
• No wonder there is confusion concerning the current state of the market and, to some extent, where it may go. Almost by definition, the greater the decline, the sooner a bottom is reached.
• The NASDAQ led both on the way up and down. The reason for this is the junior index having proportionally less passive (index) investors making specific stock judgements.

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