Chart to Watch: S&P 500 in 1995

Submitted by Tractus Asset … on Fri, 03/02/2012 - 13:25

"Below is a chart of the S&P 500 from 1995. Business Insider had an interesting article today that stated the last time the market went all of January and February without a 1% or more down day was in 1995. That year, the market gained an astonishing 34%. In 1995, the S&P traded along a steep accelerated trendline, like we have seen in the S&P for the past two months. I'm not saying this will happen this year, but it is interesting to point out. Everyone on TV keeps talking about a correction, but that doesn't necessarily have to happen." 

Scott Redler, Off the Charts