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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (14509)9/21/2022 5:37:59 PM
From: Kirk ©1 Recommendation

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  Read Replies (1) | Respond to of 26434
 
Good call!

I don't think we need to get to the lows for the SPX or does it need to drop 37%... The S&P is down about 22% from the high now, back in bear market territory.
The average drawdown for a recession bear market is 37% on SPX.
The Nasdaq has pretty much done this.