Monday, November 16, 2009
Stock Market Rallies- Historical Perspective
Since 1900 there have been roughly 27 major market rallies in the U.S. stock market .So about once every 4 years. Most of these fall into the range of 30-150%. Our current market rally measures 62% from the March 9 bottom (for the S&P 500).The length of these rallies run from 200-800 trading days or about 9 months to 3 years. So, the current rally as it now stands is under the average in both length and magnitude. Just some food for thought.