Friday, September 7, 2012
2006 vs. 2012 Again
I've posted this chart a few times this year already, and figured it might be a good time for an update. The reasoning behind the comparison is that 2009-2011 traded almost in lockstep with 2003-2005. So far the pattern in 2012 has been similar to 2006, but the pace of the advance has been a little steeper. If the comparison holds come year end, the S&P would have to trade sideways or lower between here and then.
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