Has the adviser performed well in bull and bear markets?

这位顾问是否在牛市和熊市都表现出色？

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Instead, the governing theory of Ed Easterling, head of Crestmont Research in Dallas, is that markets follow secular bull and bear cycles.

不仅如此，根据达拉斯克莱斯蒙研究所(Crestmont Resaerch)所长埃德·伊斯特林(Ed Easterling)的“支配理论”(governing theory)，市场遵循的是长期牛市与长期熊市的周期。

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Third, dummy variable D_1 was included. The contribution to the earning rate of fund by different market conditions (bull and bear) was considered.

第三，添加了哑变量d_1，对于处于股市的不同阶段(牛市和熊市)可能对基金收益产生的贡献给予不同的权重。

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Are there funds that, defying the pattern, excel in both bull and bear markets?

FORBES: The Forbes Mutual Fund Honor Roll

An excuse for the promotional sharks, both bull and bear, and stir up the waters.

FORBES: Gold At $1,342 Is Taking A Breather

In bull and bear markets, Madoff returned about ten per cent a year to Wilpon.

NEWYORKER: Madoff��s Curveball