Bear Market Statistics - Bob Brinker Still Fully Invested for 46.7% Decline

Yesterday we had new closing lows on the S&P500 (Charts) and NASDAQ (charts) for this bear market that Bob Brinker has been fully invested in for the whole thing. Last night I posted an article called "Another Bob Brinker Buy Signal Possible" which says that the technical factors Brinker has used in the past suggest he could call another bottom due to the lower close on lower volume. Note, the intraday low set on October 10th has held and we have a series of two higher lows on an intraday basis, another sign of a rally or even a new cyclical bull market. Here is the raw data:

2007-2008 Bear Market Statistics 10/23/08

S&P500 Chart

Last Market High 10/11/07 at 1,576.09
Last Market low 10/10/08 at 839.80
Current S&P500 Price 916.02
Decline in Points = 660.07
Decline in percent = 41.9%
Max Decline = 46.7%

=>This means the decline from intraday high to intraday low is 46.7% and we are currently 41.9% off the peak.

=>The decline in the S&P500 from the closing high to the closing low was 42.7%

DJIA Charts

Last Market High 10/11/07 at 14,279.96
Last Market Low 10/11/08 at 7,773.71
Current DJIA Price 8,727.49
Decline in Points = 5,552.47
Decline in percent = 38.9%
Max Decline = 45.6%

=>This means the decline from high to low has been 45.6% and we are currently 38.9% off the peak.

=>The decline in the DOW off the closing high to the closing low was 40.3%

NASDAQ Charts

Last Market High 10/31/07 at 2,861.51
Last Market Low 10/10/08 at 1,542.45
Current NASDAQ Price 1,634.76
Decline in Points = 1,226.75
Decline in percent = 42.9%
Max Decline = 46.1%

=>This means the decline from intraday high to intraday low is 46.1% and we are currently 0.428707221 42.9% off the peak.

=>The decline in the NASDAQ off the closing high to the closing low was 43.5%

Chart of Bob Brinker "All-In" Buy Levels

Click charts courtesy of stockcharts.com for full size images
More S&P500 Charts

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Mustang Ed posted the link to this picture in the comments section. This is Bidwell Mansion in Chico, California, and Ed's Mustang -- What a beauty!

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