| | | The ultimate long term low-low-high-high?
Today is an interesting day in this regard. For the S&P 500, the data I have says an important low occurred on June 14, 1949, which some consider to be the end of the bear market that started in 1929. Another important low occurred October 4, 1974, with an important high following on March 24, 2000. Looking at the number of days between these dates:
June 14, 1949 to October 4, 1974 = 9,243 days
October 4, 1974 to March 24, 2000 = 9,303 days
March 24, 2000 to today (August 13, 2025) = 9,273 days which is the average of these two time periods above.
Makes me think we are still in the zone for a turn, though my best guess was last month as posted at that time. |
|
