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Test incompl/inter-311, Question 7



 
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Test incompl/inter-311, Question 7 #1 (permalink) Thu Feb 10, 2011 14:59 pm   Test incompl/inter-311, Question 7
 

English Language Tests, Intermediate level

ESL/EFL Test #311 "English Slang Idioms (32)", question 7

His investment consultant told him that he should cash in his bonds and buy stocks since it was a(n) ......... market now and the recession had passed.

(a) option
(b) swap
(c) bull
(d) bear

English Language Tests, Intermediate level

ESL/EFL Test #311 "English Slang Idioms (32)", answer 7

His investment consultant told him that he should cash in his bonds and buy stocks since it was a(n) bull market now and the recession had passed.

Correct answer: (c) bull
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Does the bull-market mean a period during which share prices are rising and people are buying shares.?
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Test incompl/inter-311, Question 7 #2 (permalink) Thu Feb 10, 2011 15:01 pm   Test incompl/inter-311, Question 7
 

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Hi Kati,

That's right. And in fact 'bullish' means very confident. The word for the market for prices falling is 'bear market'.

Alan
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