1970: As the stock market slumps — dropping 9.5% for the year-to-date — President Richard M. Nixon declares that if he had any cash to spare, he would be buying stocks right now. The Dow Jones Industrial Average finishes the day at 724.33. By the time Nixon resigns (August 9, 1974), the Dow is at 777.30 — a compound annual return of less than 2%.

John Brooks, The Go-Go Years (Weybright and Talley, New York, 1973), pp. 292-293

1942: The World War II bear market hits bottom, as the Dow Jones Industrial Average closes at 92.92, down 0.97 points for the day and 16.3% for the year to date. Over the next four years, the market more than doubles.

The Wall Street Journal, October 10, 2000, p. C15