Is current European debt crisis beginning of bear market?

Given the fact no one can predict the end or beginning of market cycle, please share your opinion of current market turmoil.





I'm hoping that it will be a temporary turmoil that won't cause too much loss and that market will bounce back up.|||It's a lot of fear.People,companies don't want to spend money.This creates a slump.Sometimes you have to rally but in this case it can be very serious.|||Just my opinion;





Human beings will NEVER stop being generally greedy and generally irrationally fearful; as a consequence, as long as stock markets exist, they will (on average) continue to grow at a long-term average rate of 7-10%...





When humans have good ideas that are too "speculative" to secure a loan from a traditional bank, the only way those humans can raise cash to turn those ideas into businesses is to issue stock....so for as long as there are people having ideas, the market will continue to grow at 7%...|||Bear markets and Bull markets stop and start for only one reason. The buyers vs. sellers. The only way to know what causes this relationship to change is to do an opinion poll at the end of the day to find out why everyone did what they did. Any other BS or so-called news you see is just someone trying to trick you into believing them so you will watch their commercials, buy something, or submit to their influence.|||No. The bear market began in 2008. This has just been a bullish move within the bear market.|||May 12, 2010 ... the European public debt crisis turning into a re-run of the ... in global share markets once the dust settles from the current correction





The euro-zone debt debacle and the global recovery : Found this book and here in the link where you can read it and hope you get your answer from it.





http://www.ebooksearchengine.com/view.ph鈥?/a>