12/9/08Time goes fast. Today is the 1st anniversary of my blog. However, so as our 3rd worst Bear market ever in US history. As shown, the bear market that ran from 10/9/07 to 11/20/08 is the third worst ever with a decline of 51.93%. The bears that ended in June of 1932 (-61.81%) and March of 1938 (-54.47%) are the only two that had bigger declines without a rally of 20%.
On 12/10/07, SPX was closed at 1516. Today SPX is closed at 889. It lost about 41%. Again, I noticed the Bear Trend about one year ago.
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