The five largest one day percentage and points up moves in the history of the Dow Jones Industrial average all occurred during a bear market.
It does appear odd. Surely the biggest up moves should happen in bull markets, not bear markets. Right?
Do remember that the market continually tries to fool as many people as it can. In bear markets, everyone is looking to buy the bottom, whereas in bull markets, everyone is looking to sell the top. Bull and bear markets can't happen without this phenomenon coming into play.
That's tantalising...with the current Eurozone woes and United States' unresolved fiscal deficit issues, volatility is here to stay.
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