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<blockquote data-quote="Son of Butch" data-source="post: 1696992" data-attributes="member: 14585"><p>Monday August 16 2021</p><p>S&P 500 49 record high closes year-to-date.</p><p></p><p>77 is the all time record for r.h. closes for the S&P set in 1995</p><p>1995 gain of 34.11% is also the record gain for any calendar year.</p><p></p><p>Biggest 1 day drop -20.47% Oct 19 1987 finished 1987 up 2.03% for the year</p><p>March 2020 dropped -20% in 16 days, and was a followed a few days later with a 14% drop in 14 days yet finished 2020 up 16.26%</p><p></p><p>Historic Bottom Line:</p><p>Every one of the 38 market decline "corrections" of 10% or more for the S&P 500 has always been followed by a new record high on average in 11 months, with the longest gap between highs being 5 years 7 months.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1696992, member: 14585"] Monday August 16 2021 S&P 500 49 record high closes year-to-date. 77 is the all time record for r.h. closes for the S&P set in 1995 1995 gain of 34.11% is also the record gain for any calendar year. Biggest 1 day drop -20.47% Oct 19 1987 finished 1987 up 2.03% for the year March 2020 dropped -20% in 16 days, and was a followed a few days later with a 14% drop in 14 days yet finished 2020 up 16.26% Historic Bottom Line: Every one of the 38 market decline "corrections" of 10% or more for the S&P 500 has always been followed by a new record high on average in 11 months, with the longest gap between highs being 5 years 7 months. [/QUOTE]
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