anyones else confused by these pair of highlighted italicized comments in the following excerpt?

Folks who bit into this argument and bailed not only sold out at the worst possible moment, but then added agony to injury by sitting on the sidelines as the markets tore 95.68% higher over the next two years. People forget that the U.S. stock market - as measured by the Dow Jones Industrial Average using weekly data - fell more than 89% from 1929 to 1932, more than 52% from 1937 to 1942, and more recently experienced a decline of more than 53% from 2008 to 2009 - and that doesn't even account for four 40+% declines beginning in 1901, 1906, 1916, and 1973.

Each was a great buying opportunity, and following those meltdowns, our markets rose more than 371% from 1929 to 1932, more than 222% from 1949 to 1956, more than 128% from 1937 to 1942, and more than 95.68% in just over two years starting in March 2009 - one of the fastest "melt-ups" in market history. People forget that world markets dropped 40%-80% in 1987.

orgy