Definition of bull market?

Would have to be last low, no? we are just now hitting the highs the Dow and S&P reached in 2000/1, but this bull market is up over 75% from the lows last seen in early '03. JOE

Here's one definition

A prolonged period in which investment prices rise faster than their historical average. Bull markets can happen as a result of an economic recovery, an economic boom, or investor psychology. The longest and most famous bull market is the one that began in the early 1990s in which the U.S. equity markets grew at their fastest pace ever. opposite of bear market.

Thumper

Here is what Wikipedia says:

Market trends

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In investing, financial markets are commonly believed to have market trends that can be classified as primary trends, secondary trends (short-term), and secular trends (long-term). This belief is generally consistent with the underdeveloped scientific practice of technical analysis and broadly inconsistent with the efficient markets hypothesis.

A bull market is a prolonged period of time when prices are rising in a financial market faster than their historical average, in contrast to a bear market, which is a prolonged period of time when prices are falling.

Investors can be described as having bullish or bearish sentiments. Market trends are witnessed when bulls (buyers) outnumber bears (sellers), or vice versa, consistently over time. In general, a bull or bear market refers to the market and sentiment as a whole, but it can also be used to refer to specific securities, sectors, or similar ("bullish on IBM", "bullish on technology stocks" or "bearish on gold", for example

Frank