Wednesday, November 19, 2008

Deja Vu all over again

S&P bottoms
839.80 on 10/10
818.69 on 11/13
and now
806.18 (lowest print I see)

If this is it, is it IT?

JP Morgan recently provided a list of the longest period of time from S&P bottom to retest in days:

10/09/2002 104 Days
06/26/1962 83 Days
06/16/1953 63 Days
11/15/1907 63 Days
10/11/1990 61 Days
06/20/1921 47 Days
10/04/1974 44 Days

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