SPX 2011 vs 2010

janez

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From bespokeinvest


Here is to compare the S&P 500's price chart in 2010 to this year's price chart.  Last year, the S&P 500 made its pre-correction high in late April, and it wasn't until Bernanke's Jackson Hole speech in late August that the market broke out of its summer funk.  As shown below, the S&P 500 also made its pre-correction high in late April of this year, and we've at least seen a short-term bottom at the end of August right around the time of this year's Jackson Hole speech.  In 2010, the S&P 500 was down 3.12% on September 1st, and it closed the year up 12.8% after pretty much going straight up over the last four months of the year.  As we enter this September, the S&P currently sits down just under 3%.  If history repeats itself, the country will surely end the year in a much better mood than it's in now.  Don't expect the market to be that easy though!

n748

even a qe3 perhaps could not repeat its miracle this time.

janez

n748 发表于 2011-8-31 20:39
even a qe3 perhaps could not repeat its miracle this time.

Don't be too bearish. Could be a bear trap.

Billyboy

nanosensor

traderA

wyjhyd

silicon_beaver

Support bull.

jzj

suancai

wnd4

thanks

风清扬

sunnysunny

永恒罗马

Kami

茜茜

xz214