JT, I'm bullish and vote higher.....market goes up by at least 20% after recessions in:
1982.....http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[e,a]daclyyay[d19821027,19841027][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
1990....http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[e,a]daclyyay[d19901027,19921027][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
1994....http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[e,a]daclyyay[d19941027,19961027][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
and 2001 IMHO, but its not there yet.....http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[e,a]daclyyay[d20010927,20021027][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
Tom |