Sam Stovall: How often do you see a bear market rally that gets up to a more than 20% gain from the bottom? And then it fizzles out. We've had eight bear markets since the NASDAQ 100 was created in the late 1980s, and half of them experience what I call bogus bottoms or fake outs where the index was up by 20% only to turn around and set an even lower low. For the S&P 500, however, we have only had three such fake outs and all three of them were confined to the two mega meltdowns of 2002 through 02 as well as 07 through 09. This bear market, I regard as a garden variety
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Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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