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Uh, the S&P rallied 24% from the Oct 10 low. It bottomed at 829 and rallied to 1044 over the next few days for a 24.43% rally.


Excuse me. It bottomed at 839 and hit 1044 on Oct 14th.


actually from the 10/10 low to the 2 day later high was more than 20%.

Paul Hickey

Thanks for the comments guys, but as it says in the post, it's on a CLOSING basis. The S&P 500 has not rallied 20% on a CLOSING basis.


Uhh, no. It's the 5th largest decline. You've overlooked the 48.92% decline from the closing high on 9.1.2000 to the closing low on 10.9.2002.

Paul Hickey

Arizona Chartist. I'm not sure what you are talking about. Did the S&P 500 peak on 9/1/00? I believe it was in March 2000. Anyways, from September 2001 to January 2002, the S&P 500 rose 21.4%. So the decline from March 2000 to October 2002 was not a decline without a 20% rally.

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