an tSionna {10.18.12}

From chart of the day.com:  Below is their commentary regarding this long term view.

"For some perspective on the latest stock market action, today's chart presents the trend of the S&P 500 so far this millennium. As today's chart illustrates, stock market action since 2000 has been extremely volatile with two massive bear markets each being followed by a strong recovery rally. It is interesting to note that both of these bear market rallies are somewhat similar in form (i.e. strong first-year rally followed by a more moderate rally in succeeding years). As for the current state of the market, the S&P 500 continues to trade within the confines of its three-year uptrend but is currently testing resistance."

*Long ETFs related to the S&P 500 in client and personal accounts.

Note I will be traveling on Monday so the next post here will be on Tuesday.