Friday, October 7, 2011
Have equities bottomed?
BTIG's Dan Greenhaus thinks the fact the S&P has rallied over 1.75% in each of the last 3 trading days is a positive sign. This has only happened three other times in the post- war era - Oct. '74, Aug. '84, and Aug. '02 - and each instance was at or (in the case of '02) near a market bottom.
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