S&P vs Unemployment Rate in the 1970's. Notice the market started coming down before the unemployment rate went up. But the S&P definetly dropped big time when the rate went up. Where are we now? Rising. <img src=http://www.geocities.com/pecami_access/SPXrecessions/sp500recess70.gif> <!--Beg_Sig--> QT <a href=http://www.investorshub.com/boards/board.asp?board_id=4442>My Alternative Energy Board</a>.