predictions on the dow tonight...?, page-63

Conclusion from "The Anatomy of a Crash": great statistics.

* Most of the recovery happens in the first three days of the turning point. So if you are not in by day 1-2, stay sideline and wait for a pullback
* Most recoveries retrace by at least 50%
* March is “the month� of turning points historically
* If you anchored a long at 6700, and markets continue to drop, for the market to go down and not get back to 6700 at least (ie for you to at least breakeven), it needs to go to 5100 (that is assuming 50% retracement, most are about 60% at least). So if you have absolutely no position, an anchor at this level is safe.

fullarticle http://theinflationist.com/stocks/the-anatomy-of-a-crash