Two Spooky SP500 observations..

Discussion in 'Trading' started by Digs, Feb 25, 2007.

  1. Digs

    Digs

    Two spooky statistics with SP500 2002-2007 current bull run.

    For extended bull runs over 200 weeks without a 10% correction
    The current run is 228 weeks from 10/11/2002. The 3 previous cycles that ran over 200 weeks, 1957 to 1962 (216 weeks), 1982 to 1987 (263 weeks) and 1994 to 1998 (224 weeks) all ended with a bang and were down 29.93% on average._
    Ref: theChartStore.com Weekly blog Jan 26, 2007.

    For extended bull runs where the S&P 500 Composite moved higher during the inversion of the 10 year U.S. Treasury Yield/Effective Fed Funds Rate.
    The current run is 7/14/2006 to now of 33 weeks for SP500 change of 16%.
    Previous two were 9/29/1978 to 5/23/1980 of 87 weeks for SP500 change of 8%., 1/20/1989 to 1/12/1990 of 52 weeks for SP500 change of 19%.
    Ref: theChartStore.com Weekly blog Nov 24, 2006.

    BUT THIS TIME, BOTH HAPPENING AT THE SAME TME !!!!
     
  2. [toung in cheak]
    So you're saying what, that they'll cancel each other out?
    [/toung in cheak]
     
  3. Digs

    Digs

    Two negatives don't make a positive...
     
  4. They do if you multiply them :)
     
  5. S2007S

    S2007S

    Bulls should want at least a 3% correction, the higher this market runs without a pullback the more severe the correction in my opinion.
     
  6. Is that the same as - 'Tongue in Cheek'?
     
  7. not exactly, but it's really close ;)