Stock market correction and SaaS stocks

It may or may not have even qualified for the 20% loss to call it a bear, depending on the index you select.

It bothers me when people niggle over whether a particular threshold has been reached in order to apply a particular name. Yes, I know one needs rules, but a 19.6% loss is barely different from a 20.4% loss and to use the term for one and not the other is to miss the fact that a very big dip occurred and one shouldn’t pretend that that an overall bull did get some meaningful correction.

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