AS of the high yesterday, the spx was up 26% without a 5% correction. IN the past 25 years, only 3 rallies with a bigger percentage gain: Dec 94 to dec 95, april 97 to august 97, and oct 98 to dec 98.
comp rally is the one in 97, which was followed by five drops between 5% and 11%, including the infamous drop of over 500 pts on the dow, which in todays level would be 900 pts down, in oct 97