We had similar bear markets with just over 20% declines in 1990 and 1998 but the average bear market is more like 30% because that includes the 2000 to 2002 bear market where the S&P500 fell 50% and the great depression where the markets fell much more.
2007-2008 Bear Market Statistics 07/12/08
Last Market High 10/11/07 at 1,576.09
Last Market low 07/11/08 at 1,225.35
Current S&P500 Price 1,239.49
Decline in Pts 336.60
Decline in % 21.4%
Max Decline 22.3%
- =>This means the correction from intraday high to intraday low is 22.3% and we are currently 21.4% off the peak.
- =>The decline in the S&P500 from the closing high to the closing low was 20.8%
Last Market High 10/11/07 at 14,279.96
Last Market Low 07/07/08 at 11,120.74
Current DJIA Price 11,100.54
Decline in Pts 3,179.42
Decline in % 22.3%
Max Decline 22.1%
- =>This means the correction from high to low has been 22.1% and we are currently 22.3% off the peak.
- =>The decline in the DOW off the closing high to the closing low was 21.6%
Last Market High 10/31/07 at 2,861.51
Last Market Low 03/17/08 at 2,155.42
Current NASDAQ Price 2,239.08
Decline in Pts 622.43
Decline in % 21.8%
Max Decline 24.7%
- =>This means the correction from intraday high to intraday low is 24.7% and we are currently 0.217518024 21.8% off the peak.
- =>The decline in the NASDAQ off the closing high to the closing low was 24.1%
Make sure you read:
- Bob Brinker Timing Model Mauled By Bear Market
- Bob Brinker's Asset Allocation History
- Bob Brinker's Bear Market Definition
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