15 bear markets from 1929 to present.
Declines in the SPX for those bears ranged from 20% to 86.2%.
Excluding the 86.2% 1929-1932, average decline is 33.5%.
The duration from peak to trough ranged from 3 months to 3.5 years
Median duration from peak>trough has been 1.3 years.
Tuesday, December 11, 2007
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