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Strategies & Market Trends : Classic TA Workplace

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To: John Madarasz who wrote (52346)9/3/2002 2:37:30 PM
From: Clappy  Read Replies (2) of 209892
 
A different type of chart for you 'cuz I know you like statistical stuff like this.

chartoftheday.com

Most S&P500 corrections have lasted less than 600 trading days and have resulted in a drop of less than 50%.

We are very close to breaking that boundary.

If the latest lows that were put in on July 23rd were to be taken out, this could easily become the most severe decline in the S&P 500 since the Great Depression.
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