Professional Documents
Culture Documents
1877-92 1893-02 1903-06 1907-11 1914-16 1920-29 1932-37 1942-46 1948-61 1962-68 1970-73 1974-87 1987-00 2000 ->
Row Labels Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change
Bear 12 -28.53% 14 -22.93% 14 -26.18% 22 -34.75% 42 -20.44% 49 -47.10% 33 -76.80% 62 -48.31% 22 -35.38% 6 -21.76% 18 -31.67% 23 -50.06% 4 -26.68% 103 -51.76%
Recovery 9 40.53% 24 30.29% 15 38.05% 17 55.75% 10 28.68% 44 97.10% 53 340.07% 36 94.40% 32 59.53% 11 28.80% 29 50.46% 121 103.01% 20 40.95% 5 49.40%
Bull 170 338.47% 85 112.81% 12 21.34% 26 21.17% 13 4.75% 61 317.26% 3 4.66% 12 31.60% 134 386.01% 67 55.00% 2 2.84% 31 93.96% 132 301.46% 0 0.00%
Assumes March 9
200%
was the bottom of
this cycle! Bull
Recovery
100%
Bear
103
12
14
14
22
42
49
33
62
22
18
23
6
4
0%
170
24
85
15
12
17
26
10
13
44
61
53
36
12
32
134
11
67
29
2
121
31
20
132
5
0
‐100%
Period (Months)
Column Labels
1872 1882
1872-1882 1885 1902
1885-1902 1903 1906
1903-1906 1907 1909
1907-1909 1921 1929
1921-1929 1932 1956
1932-1956 1957 tto 61 1962 66
1962-66 1966 68
1966-68 1970 74
1970-74 1974 -1982
1982 1982 87
1982-87 1987 1990
1987-1990 1990 2000
1990-2000 2002 07
2002-07 2007 -
Row Labels Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change Month(s) %Change
Bear 69.0 -38.61% 33 -31.09% 14.0 -29.04% 14.0 -37.69% 140.1 -37.38% 33.0 -84.76% 14.7 -21.63% 6.4 -27.97% 7.9 -22.18% 17.9 -36.06% 20.7 -48.20% 20.4 -27.11% 3.3 -33.54% 2.9 -19.92% 27.7 -42.29% 17.0 -56.70%
Recovery 31.0 62.89% 164 46.74% 16.0 44.11% 21.0 62.88% 41.1 64.03% 267.2 559.33% 11.1 27.60% 14.3 38.84% 6.9 28.50% 21.4 56.40% 69.5 93.06% 2.8 37.20% 19.8 50.46% 4.6 24.87% 58.4 73.27% 4.7 45.89%
Bull 24.0 20.46% 43 40.25% 18.0 10.83% 4.0 1.18% 56.0 195.84% 23.0 58.16% 38.6 46.04% 29.2 29.49% 18.9 15.21% 10.2 10.95% 4.4 16.87% 57.7 139.66% 11.6 9.56% 109.0 314.00% 4.4 2.29% 0.0 0.00%
Market Cycles ‐ Nominal Monthly Data
600%
400%
&P Comp
B ll
Bull
% Change S&
200%
%
Recovery
Bear
140.1
69.0
33.0
14.0
14.0
33.0
14.7
17.9
20.7
20.4
27.7
17.0
6.4
7.9
3.3
2.9
0%
%
164.0
267.2
109.0
31.0
24.0
43.0
16.0
18.0
21.0
4.0
41.1
56.0
23.0
11.1
38.6
14.3
29.2
6.9
18.9
21.4
10.2
69.5
4.4
2.8
57.7
19.8
11.6
4.6
58.4
4.4
4.7
0.0
1932‐1956 1957
1903‐ 1962‐ 1966‐68 2002‐07 2007 ‐
1921‐1929
‐200%
Period (Months)
Period (Months)