One of its members was Thomas Jefferson, a lawyer from Virginia. He had been a leader in Virginia, and Virginia had elected him to the Continental Congress. The others on the committee were too busy with the revolution to work on the declaration, so Jefferson wrote it alone. He finished the document in a week.
The time frame is in weeks, so it shows the average bull market cycle is 155 weeks or about 39 months. The average bear market is about 17 months, which actually matches the most recent bear market from October 2007 to March 2009 (17 months). A full market cycle is 56 months.
Historical precedent says that the current bull market canât last forever, but what might cause it to fall? photograph by bryan r. smith / afp / getty Thursday marks eight years since the low point of the last bear market on Wall Street. On March 9, 2009, the Dow Jones Industrial Average closed at 6,547.05. Since then, it has more than tripled. If youâd invested twenty thousand dollars in the Dow index eight years ago, it would now be worth about sixty-four thousand dollars.