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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
WTF...
Q1 2009 to today: 17 quarters
Q4 2002 to Q4 2007: 20 quarters
Q2 1994 to Q1 2000: 23 quarters
S&P500 has not had a 10% peak-to-trough decline in 49 weeks.
Prior rallies without a 10% decline were seen in Mar 2009- Apr 2010 (59 weeks) and June 2006 to July 2007 (56 weeks).
By both measures, the rally has yet to develop come in terms of duration and in uninterrupted gains
http://www.ashraflaidi.com/content/images/hot-chart/_full/spx-200-dma-may-13.jpg
Ashraf
note however there is only selling of paper gold not of physical gold.