Bear Market Graph from Doug Short - Financial Advisor

Doug Short has an interesting web site that tracks the current bear market versus others in the past. As he states (and can be seen in the chart below), "The S&P 500 has risen well above its low of March 9th. Is this a bona fide bull market or just another bear rally? We continue to be fascinated with the saga of the Four Bad Bears. In nominal terms, the latest rally puts the S&P 500 just slightly higher than Dow Crash of 1929 over the equivalent time frame."