SPDR S&P 500 (SPY): Yeah, but... "During the 1921-1929 bull...

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Re: learningboutinv post# 61532

Thursday, 10/09/2008 7:51:39 AM

Thursday, October 09, 2008 7:51:39 AM

Yeah, but...
"During the 1921-1929 bull market, the DOW moved from a low of 63.90 to a high of 381.17. This was a sixfold increase! The depressionary bear market of 1929-1932 retraced that entire bull market and overshot by 7% to the downside before ending at 41.22. That major bear market wiped out the 1921-1929 bull market and not much more." - Tony Caldaro

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