Commentary and Strategies for the Hong Kong Stock Market

Saturday, February 7, 2009

Characteristics of a Bear Market

- confirmed by 20% drop from previous high..

- on average, S&P500 drops 30.4% from peak to trough, with an average timeframe of 386 days

- it can last from 101 days (1987) to 630 days (1973 to 1974)

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