Officially, we are in a bear market -- that's when stocks close 20% lower than their most recent highs. The question on every investor's mind: How long will this bear market last?

No one really knows the answer. Sure, pundits will try to predict (or guess), but those predictions will cover every outcome possible, from a quick, painless recovery to an extended downturn, the likes of which we've never seen.

A look backwards, though, tells us this bear market will likely fall between those two extremes.

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Source Fool.com