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ajtj99

02/02/08 10:38 AM

#114742 RE: anyer1 #114740

What Swenlin is not thinking about is the bear market rallies in 2000-2001 were not over in 2-weeks.

The summer 2000 zig-zag bouce from COMP 3000 to 4200 went for a little more than 3-months.

The Jan. 2001 rally was 30-days.

The April-May 2001 rally was 45-days (these are all calendar days).

The Sept-Dec 2001 rally was 75-100 days, depending on your index.

The July-August 2002 rally was about 21-days.

As we can see, the bear market bounces are typically not over in 2-weeks. The rallies range anywhere from 3-weeks to more than 3-months, but the sweet spot seems to be 30-45 days based upon the magnitude of this drop.