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Posted on 27 Oct 2012 | 2,709 views
Stock Market Sentiment and Technical Analysis Mirrors the Worst Bear Market of 1973

In January 1973, a financial magazine published the stock market outlooks of a select group of professional investors. All agreed: Market prices are headed higher. Yet in that very month, the stock market started a slide. It later became the “Worst Bear Market Since the Great Depression” — from January 11, 1973 to December 6, 1974 the Dow Industrials lost 45% in value.