Bear & Bull Tattoos Goose Creek SC
North Charleston, SC
Goose Creek, SC
Bear & Bull tattoos
Bear & Bull Tattoos - The bull and the bear, two of the most powerful animal symbols we have, are used to describe trends in the stock market. The market is 'bullish' when prices of equities charge upward over an extended period of time - and 'bear-ish' when prices are in continual decline. Short-lived upward or downward swings are referred to as 'corrections' in the market. The duration of the trend is key.
Over time, individuals who make their livelihood in the stock or financial markets have often been described by their colleagues and peers, as "bulls", or "bears", or "bullish" or "bearish", generally descriptions used to describe someone as a market optimist or a market pessimist.
There is no precise measuring rod to define a bear market, but it is generally accepted that a decline of 20% or more in stock prices in the overall market for a two-month period indicates a bear market. The hyper-alert investor who predicts a continuing decline in market values and then 'sells short', only to find the trend reverse itself, is said to have fallen into the 'bear trap'. He is forced to buy back quickly at the higher price in order to avoid further losses. Typical features of a bear market are high unemployment and a severe lack of confidence on the part of investors, leading, in the worst case scenarios, to a 'recession', or is an absolute worst case scenario, a 'depression'.
Likewise, 'bull' suggests an upward swing that gains roughly 20% over a period of months, sometimes years. The longest bull market in financial history started in the early 1990s. In the latter half of the decade record gains were made until they peaked in 2000.
'Bull' and 'bear' - how did they become associated with the stock market and Wall Street?
Sports that involve 'animal baiting' have shown the bull and the bear to display opposite behaviors. The bull charges readily, lifting its horns upwards upon impact, while the bear is cautious, often balking. The English, however, have some more folksy explanations - in 1709, a nobleman bought a bear without first examining the goods, and the deal went south. 'Selling a bear' came to mean negotiating a price for something that doesn't exist. In the same era, a popular comic play contained the line, "Instead of changing honest staple for Gold or Silver, you deal in Bulls and Bears." Yet another historical reference comes from the practice of selling bear skins before the bear was actually caught.
The wisest investor of all remembers that the bull and the bear aren't the only animals loose on Wall Street - the most notorious of all is the 'pig'. Millions of them have been sent to the slaughtering house in the latter half of 2008. As the saying goes, "Bulls make money, and bears make money, but pigs get slaughtered." Many people who have lost money in the financial markets, whether it was a bull market or a bear market, wil...