, Columnist
Pick Another Day to Celebrate the Bull Market's Birthday
Yes, the lows were on this day in March 2009. But the next four years were just the recovery from a huge collapse.
Know his age?
Photgrapher: Raul Arboleda/AFP/Getty ImagesOn this day in 2009, the major stock-market indexes closed at lows not seen in more than a decade.
Although we now know this was the bear-market bottom, we only know that with the benefit of hindsight. At the time, few people could say with conviction that this low point was the low.