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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%Jan 9 4:00 PM EST
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To: GoodGord who wrote (79113)2/1/2016 7:08:48 PM
From: Seismo1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (3) of 221580
 
Goodgord, when you mentioned "V" bottoms I got curious to what the market looked like in the 2007-2010 time frame as it was going down. There are 5 instances of strong "V" bottoms. All turned out to be just rallies in a bear market. Here is the chart of the S&P during that time:

stockcharts.com
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