SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.53+0.2%Dec 2 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (35301)11/29/2001 3:57:22 PM
From: j g cordes  Read Replies (3) of 68570
 
find this a little un-normal expectional..

"Consistent with history

The S&P Investment Policy Committee said the market's lift off the Sept. 21 lows is consistent with history.

S&P notes that there have been nine bear markets since 1949 -- excluding the current one -- and that two months after bottoming the S&P recovered an average of 33 percent of the bear market loss. This time around, the S&P has recovered 31 percent of its loss from March 2000 through Sept. 2001.

"If this market's recovery continues to mirror history, we can look forward to seeing recoveries of 62 percent after six months and 94 percent after 12. There aren't many attractive alternatives to stocks," S&P said in a research note, pointing out that the S&P 500 has posted positive results in 13 of the last 14 Decembers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext