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Article: Is End of Bull Market Run Near?
- Article from:
- AP Online
- Article date:
- May 2, 1999
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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CHET CURRIER, AP Business Writer
AP Online
05-02-1999
Is End of Bull Market Run Near?
NEW YORK (AP) -- Even if the bull market in stocks remains as healthy as ever, analysts worry that many aggressive investors are headed for a painful letdown.
It defies reason, they say, to expect the market averages to keep climbing in the future as fast as they have in the recent past, fresh from four consecutive years of 20 percent-plus gains.
While the stock-price indexes keep gaining ground, sudden changes in trends within the bull market can still take a heavy toll on ``momentum'' investors who like to own the hottest stocks of the day, or on day traders playing the market through the screens of ...