Some Historical Bear Market Perspective

Dow Jones October 1929 Over a 23 day period, the Dow lost 49% of its value, but that was just the start of the bear market during which the Dow would eventually lose 89% of its value (386.10 to 40.56). How many people do you think called the October 1929 low of 195 “the bottom” […]

By |October 11th, 2008|Education, General Blogs|Comments Off on Some Historical Bear Market Perspective

Bear Market of 2000-2003

During the 2000-2003 bear market, the SPY made 9 significant drives lower and 8 recovery rallies. The average decline was 18.85% and the average recovery rally was 17.40% which means the market recovered an average of 73.06% of the prior loss. The speed and magnitude of the rallies in a bear market are […]

By |October 8th, 2008|Education, General Blogs|Comments Off on Bear Market of 2000-2003