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Market Insider: No Two Bears are the Same

We've all been searching for road maps from the past to help guide us through these current, scary market conditions.

Birinyi Associates' Cleve Rueckert sent out this chart of the current bear market versus the 1974 bear market. He says it was more similar two weeks ago, but it will still give you pause.

1974_bear.jpg


"If it were the same pattern, we would have gotten a 10 percent rally," he said. "..Maybe it means the decline came sooner and we'll get recovery more swiftly."

That would be nice.

"A lot of our research shows that no two markets are really identical," he said.



Questions? Comments? marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Peter Schacknow

    Senior Producer at CNBC's Breaking News Desk.

  • Dominic Chu is a markets reporter for CNBC.

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