Chart of the Day: Anatomy of a Bear Market
July 10, 2008
Zubin Jelveh submits:
The S. & P. 500 "officially" entered bear market territory yesterday, meaning it’s dropped 20 percent the October 9, 2007 peak. The index has seen similar declines six previous times since 1950, and while previous performance won’t help us predict the future, it can at least be a guide.
The following chart shows the number of trading days it took the S. & P. 500 to hit bear market territory after reaching a peak, how long it took to go from the start of the bear market to a low, how long before it retraced its way back to the previous peak, as well as the percentage drop from peak to low:
Chart of the Day: Anatomy of a Bear Market














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