There is only one side to the market; and it is not the bull side or the bear side, but the right side.

市场只有一种，不是牛市或熊市，而是正确之市。

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That combination of a higher high and a higher low would mean that the bear market had indeed ended and that stocks had moved into another bull market.

这个较高的高点和低点的组合就意味着熊市确实结束了，股市已经转向另一个牛市。

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Individual stocks can rise in a bear market and fall in a bull market.

即使是熊市也有股票上涨，牛市也有股票下跌。

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Our ratings for domestic stock funds look at long-term performance over four bull and bear market cycles stretching back 12 years.

FORBES

Investors would do well to set aside these simplistic asset allocation questionnaires and canned computer programs used by advisors and replace them with some serious soul searching about their true financial needs, as well as reviewing their investment behavior during strong bull and bear market.

FORBES: Is Cosmo Directing Your Portfolio?

Risk is captured in our fund survey by the separate grades for bull market and bear market results.

FORBES: Mutual Fund Survey