![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgd_Y_qHBGI9dl_OL0ASEPct64nHcokKYLaKvdOy85PKV3MyHok7Y7a8rx0J_AtT8K1dxaYoMNajRBbdqhPxzHKC-U0PByEmCuPl_8qGJcTkCnvsVCsktb1q10N0WDH_NnI2_S6DTb7qDQ/s400/djia_1938-1942.gif)
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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