While the bottom is never pretty, a bear market may mean that the market is preparing to rebound.

最低点永远是最漂亮的最有希望的，熊市意味着市场将很快触底反弹。

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Mostly, because he says sentiment never really hit the bleak tone that signals a true bear-market bottom, in which 'people are disgusted with the stock market.

他说，这在很大程度上是因为市场人气从未真的达到真正熊市底部的那种悲观程度，也就是人们对股市非常反感。

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It does not mean stock prices will stay at their lofty levels or that there'll never be another bear (declining) market. Nobody is promising you a rose garden.

它不意味着股票价格能保持目前的高价或者股市不再会出现熊市(下跌)，没有人能够保证你会有美好前景。

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Basically, there has never been a recession that was not accompanied by a bear market in stocks.

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