an tSionna: 2003-2007 Bull Market.

I don't know why I didn't just publish the whole sequence of the previous bull market the other day.  Here it is as represented by the S&P 500.  The chart should explain itself.  The numbers that I come up with for that period are slightly different due to the fact that I haven't added in dividends (which would add about 2% per year I think) and that my calculating period is different than other commentators.  I can go into why this is at some point if readers want to better understand my thinking.

*Long ETFS related to the S&P 500 in client accounts.