Chart of the Day brings us this latest figure on "Post-Massive Bear Market Rallies".
In other words, they're plotting the extent and duration of some major index rallies that have occurred after a 50% or greater decline. Have a look at their chart description for more on the Dow and Nasdaq rallies which followed major market declines, and why this post-bear rally may be flattening out over the coming weeks and months.
What do you say: are we in for a downward move in the major US market averages or a sideways consolidation period? Or are you prepared for whatever comes our way?
Any source
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