Bears Quote by Nicolas Darvas
“...first check whether the market as a whole is rising or falling. In other words, are you in a bull market or bear market? If the latter, stay out. The odds are against you.”
About This Quote
Source Book: How I Made $2,000,000 in the Stock Market by Nicolas Darvas, 1960
Assess overall market direction before investing; avoid bearish periods to reduce risk.
In simple terms: Check market trend first; stay out if falling.
Avoid buying in a bear market.
Themes
Mood
Type
When to use this quote
- stock trading
- portfolio allocation
- entry decisions
- risk avoidance
Key Concepts
Questions to Reflect On
- How do you determine market phase?
- What indicators help confirm a trend?
Market timing is imperfect; you may miss opportunities.