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Monday, October 29, 2007
Bull mkt Bear mkt
You must have come across these terms in any financial news. Wondered why these market derivations are termed after animals.
This is the reason:
It has to do with the way these two animals attack their targets.
Bull:
A bull will lower his head and push up with his horns in order to throw the offending target into the air. Thus, a bull market is one that is on its way up.
Bear:
A bear will swipe down with its claws in order to knock its prey to the ground. Thus, a bear market is one on the way down.
What will you call a hanging market?
Any guesses?
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May be Batmarket :)
useful links:
1. http://www.investopedia.com/ask/answers/129.asp
2.http://financialphilosopher.typepad.com/thefinancialphilosopher/2007/10/allocation-2008.html
3. http://en.wikipedia.org/wiki/Bear_market
4. About.com
Labels:
business,
economy,
money,
shares,
stock market
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