Saturday, November 14, 2009

Things that make you go hmmmmmm



Chart from ptv-investing.com

In 1938, over a 223 day span, there was a 63% rally on the Dow.

On the 223rd day of this rally (Oct 19th) off the S&P low of 667, the S&P opened at 1088 which was, you guessed it, a 63% rally off the low.

History rhymes and in complex systems patterns repeat.

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