Zeev's Turnips Patch-No Politics (ZEEV)

[Smart_Money]

"Ding-Dong, the Bear Is Dead" I knew this long ago. Fine example of how news articles lag cutting edge knowledge of this thread. Enough brains around here to out perform them any day of the year. But, I don't agree that Oct 10 was the bottom.


SmartMoney.com
Ding-Dong, the Bear Is Dead
Friday June 20, 10:56 am ET
By Donald Luskin


THE LOWS OF last Oct. 10 have proven, so far, to be The Bottom. Through yesterday's close, the Standard & Poor's 500 has gained 29.9% gain over the 245 days since Oct. 10's lows. Even from the somewhat higher lows of March 12, the S&P has rallied 26.6% over 92 days.

But is the rally sustainable? Yes. Was Oct. 10 the bottom? Yes.