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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 01/16/2010 : 17:49:53
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What Stock Market Crash History Tells Us To Expect For 2010
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Many have wondered why the 10-year cycle peak in late September/early October didn’t produce a more meaningful correction in the broad market. Instead, the 10-year cycle peak produced only a marginal six percent pullback in the S&P 500 Index (SPX) instead of the much deeper one usually associated with the 10-year peak. A look at the past reveals why: the first full year following a crash low has never produced a sizable correction in the stock market. That historical truism certainly proved itself out in 2009. But what of the second year after a crash? What can we expect in the coming year based on market history? We’ll be taking up this question in the commentary that follows.
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What Stock Market Crash History Tells Us To Expect
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