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June 18, 2006
The S&P 500's Tigger Bounces Since 1970
I had two reactions to the Tigger-ish data in this Standard & Poor's chart of S&P 500 corrections and recoveries since 1970:- The S&P 500 is a cheery index, having been in a bull market for 31 of 36 years since 1970
- Even when the S&P 500 tumbles during a bull market, the snapback rally could take your head off, with 14% drops being followed like clockwork by 14% gains
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