[quote=4plexowner]”15 months into the bear market”

and your point is what?

we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market

let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so

to think that a 25 year bull market can be corrected in 15 months is fairly amusing

but that’s why the average investor typically losses their ass in the equity markets – they don’t understand what they are doing and aren’t willing to take the effort to learn – instead they follow the advice of some trusted adviser who has a vested interest in separating them from their money[/quote]

Does that 25-year bull market you are referring to include the period from 2000 to 2003 ?
From what I remember that was a fairly destructive bear market. At the time it was the worst bear market since the early 1970’s. I guess that didn’t count.