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Best Market Analogy: 1973 or 1907 ?

Posted By Barry Ritholtz On May 9, 2011 @ 11:30 am In Cycles,Markets,Technical Analysis | Comments Disabled

For most of the selloff and recovery, I have mentioned that my favorite market analogy to our current situation has been 1973-74, which had a 55% collapse and 74% snapback rally.

However, as this market has continued to power higher, it has left 1973 behind, and is looking more and more like the Great Panic of 1907:
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1973-75 Market versus 2008-11

Click for bigger charts
[1]

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1907-09 Market versus 2008-11

[2]
All charts courtesy of The Chart Store [3]


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URL to article: http://www.ritholtz.com/blog/2011/05/best-analogy-1973-or-1907/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/05/5-6-11-Swing-Analog-1974-2009.gif

[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2011/05/5-6-11-Swing-Analog-1907-2009.gif

[3] The Chart Store: http://www.thechartstore.com

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