[ This is the second post by our Member Nijay S on this topic. His first was here: https://www.spiketrade.com/members/topic-day/?id=6519. Nijay tells us that more is to come – AE ]

SpikeTrade Member Nijay S writes:“I charted the frequency index for the words “bear market” in Google’s database from 2010 to 2022. I plan to keep researching this area and will be happy to post my findings through the blog.

This chart is based on end of the month frequency data which lags quite a bit.  I should be able to recompile it as weekly like you do for weekly NH-NL.  I'm not sure what we'll see, but worth a try.  I also want to find out if there is some word associations near market tops.
I found on the same site that I can run a word use frequency against an archive from Time magazine which spans from 1923-2006.  A cursory review leads me to think I might find similar patterns.  At least I have found some interesting article excerpts from previous bear markets in there so far – please see below.

Time, 2001 bottom:

“The sound of revelation is everywhere: in living rooms where investment clubs meet, the ones that still bother to meet, anyway; on the cell phones of the flat-busted, way-cool crowd, which stopped day trading months ago; and in the hallways of mutual-fund companies where hotshots are trying to make sense of something they were never programmed to comprehend. So this is a bear market, they sigh.”

Time, 1970 bottom:

“…after another large drop, the average was down to 63, its lowest since 1962. Brokers and investors, who had watched stock values drop $280 billion in the long bear market, expressed their total gloom in bitter jokes. Sample from a broker in Portland, Ore.: " I sleep like a baby. I wake up every hour and cry. "