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  • 2009: Expecting a Massive Rally [View article]
    The Fed didn't do anything between 1929 and 1933, and the market managed to pull together 5 sucker rallies 20% or more before finally hitting the bottom.

    These 5 sucker rallies were:
    11/13/1929 - 04/17/1930, 198.69 -> 294.07, 48%
    12/29/1930 - 02/24/1931, 160.16 -> 194.36, 21%
    06/02/1931 - 07/03/1931, 121.17 -> 155.26, 28%
    10/05/1931 - 11/09/1931, 86.48 -> 116.79, 35%
    01/05/1932 - 03/08/1932, 71.24 -> 88.78, 25%
    Dec 29 14:43 pm |Rating: +22 0
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