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The Bear Market - What Is the Average Drawdown of the Market?
The typical length of time for a bear market is about 18 months. You're basically almost back at all time high as 12 months into it. The selling really didn't get under way until c four, two thousand eight, c one two thousand nine. And i sort of think that we've probably not this turns into a megaber. We haven't really seen the big selling yet. But if it's just a regular old market, we probably rally back from here. I have no idea what's going to happen.