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To: JRI who wrote (165)4/18/2001 10:39:55 PM
From: AllansAlias  Respond to of 209892
 
Yes, it's stunning. There have been other stunning moves off lows, but you are right, this one is up there with the very best.

The move off the low in Dow low in 1932 was a whopping 67% in 4 weeks. I think that'd be hard to beat.

The move off the 1974 low was also impressive -- it just would not stop. But it was nothing compared to this NASDAQ move in terms of speed.

The bounce in 1987 covered about 27% in a week or so, but then gave much of it back.

The 998 move most people can remember, but it took almost two months to gain 25%. Still an amazing feat.

Moves that begin bulls after a bear usually very impressive, but you're right, this is insane. Bear market rallies are also notorious though.