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How to tell a bear market from a bull market blip

When stocks plunge just after all-time highs, like last week, be optimistic, not fearful. If you’re fully invested, sit on your hands. Hard! For cash holders this action prescribes buying. Always stay cool. Fight any urge to sell. It’s all signaling more new highs ahead. Bull markets don’t end this way. These sell-offs end fast, then bounce. Last week — and the week before — were classic off-the-top correction-type gyrations. Purely psychological, corrections are scary but normal inside bull markets. These drops of at least 10% come and go without warning, for any or no reason. There might be more ahead. Maybe tomorrow. You can’t know.  More: 6 ways to measure if your retirement plan is on track More: 401(k) savers: Stocks we ...