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Greg Feirman

Why doesn't the 112% rally from 1932 count as a bear market rally? Was the bear really over then?


Greg, While the market had more bears throughout the 30s, the 1932 bottom was the ultimate low. It would be similar to the March low if we don't go lower than that obviously. If we're comparing the two, the question now is does the current rally go up 112% like it did following the ultimate bottom in 1932.

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