The asymetry you describe between the 25 days to drop and 95 days to recover is striking. That point about negative skewness realy quantifies what traders feel intutively. The volatility skew showing investors willing to pay more for puts than calls is facinating proof of how fear dominates. Your distinction between true bull market stairs and desperate bear market rallies inside the elevator shaft clarifys a lot.
The asymetry you describe between the 25 days to drop and 95 days to recover is striking. That point about negative skewness realy quantifies what traders feel intutively. The volatility skew showing investors willing to pay more for puts than calls is facinating proof of how fear dominates. Your distinction between true bull market stairs and desperate bear market rallies inside the elevator shaft clarifys a lot.
Yes I found the statistics fascinating and made perfect sense