Sharp 30% Rallies are a Hallmark of Bear Markets

By on May 7, 2009

Henry Blodgett gives us reasons not to break out our party hats just yet. The average of five major rallies during the depression era bear market (1929-1932) lasted about 70 days and rose 30%. The current rally, through May 1, has lasted about 50 days and risen about 25%.


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