What we call stock market when it is down

If the stock market is down 10% from a recent high that is called a correction. However, if it is down 20% or more from a recent high, that is called a bear market. There is no average length of time that you can be in a correction or bear market. That is considered random. moreover bull markets can go on sometimes for over 10 years but bear markets tend to be shorter and more severe. Typically the end of a bear Market will begin the next cycle of a bull market.

your mothers brothers brother in law would be your father.