R59- here is S&P last 4 recessions- This off the actual chart of the S&P. Average downfall 42.5% per recession 1) April 2007(1503) to Jan 2009(797)... Lost 47% 2) Jan 2000(1498) to July 2002(815)... Lost 46% 3) July 1987(321) to Oct 1987(277)... Lost 30% 4) Oct 1972(118) to July 1974(63) ... Lost 47%