Greetings!I just spotted this new discussion forum and thought participants might be interested in my Bear Market Photo Album:http://dshort.com/charts/bear-markets.html?07-08-SP500-bearThe photo album offers a comparison of the nine bear markets since 1950, using the S&P 500 as the poster child for market performance.In addition, here's a scatter diagram that shows how today's bear market compares with the other eight since 1950:http://dshort.com/charts/bear-markets.html?bear-scatter-char...And here's a chart that compares today's bear market with the similar pattern in 1973-1974 -- at least so far:http://dshort.com/charts/bear-markets.html?two-bears-73-74-0...My rationale for sharing these charts is that an intelligent bear market strategy needs a basic understanding of how long they last and the historic range of declines.I generally update these charts each evening after the market closes.On a personal note, I'm a retired Fool and board stroller for the Motley Fool Rule Your Retirement subscription service. I've been a student of bear markets since the nasty beast of 1973-1974 -- the first of my adult life. In the summer of 1973 I was promoted to assistant professor of English, I became a new father, and my wife and I bought our first home. A couple months later, the Arab Oil Embargo triggered gasoline shortages, rationing and lines at the pump, and a tripling of gas prices.I like bull markets much better!Cheers,Doug
Thanks Doug. Fabulous information. Perspective is a good thing in this market. Cheers! -k
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