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About the author: From Bespoke:

The S&P 500 has now erased 100% of the bull market from 2002 to 2007.  Like the lost city of Atlantis, the bull market we enjoyed from 2002 to 2007 has now been relegated to the status of legends.  People may talk about it for generations, but looking at the levels of the major indices, there is no longer any proof that it ever existed.

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This article has 2 comments:

  •  
    and you end up losing more than you make in the market. Thanks to the management fees.
    2008 Nov 20 08:33 PM | Link | Reply
  •  
    hello ..... why was 2002 to 2007 a bull market? i call it a bear market which began in 2001.

    2008 Nov 20 11:38 PM | Link | Reply
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