Friday, November 09, 2007

Correction Stats - Last 3 Corrections

I would fully expect the market to bounce early next week after the bloodbath this week.  The closer we get to Thanksgiving, the more likely the market will rally.  If we don't get another hard leg down before Thanksgiving, I would expect it to happen a week or two after.  That should setup the next leg up, if there is another one this year.
 
Enjoy The Weekend!!!
 
11/9/2007  Correction   Correction Levels 
Index  52 WKH   Start   Length   Low  % 10% 15% 20% 25% 30%
Dow Jones Industrial Average  14,198.10 10/11/07         4.40  13,017.30 -8.32%  12,778.29  12,068.39  11,358.48  10,648.58  9,938.67
Nasdaq Composite Index    2,861.51 10/31/07         1.60    2,624.43 -8.29%    2,575.36    2,432.28    2,289.21    2,146.13  2,003.06
NYSE Composite Index  10,387.17 10/11/07         4.40    9,691.46 -6.70%    9,348.45    8,829.09    8,309.74    7,790.38  7,271.02
Russell 2000 Stock Index       856.48 10/11/07         4.40       762.38 -10.99%       770.83       728.01       685.18       642.36     599.54
S&P 400 Midcap Index       926.67 10/11/07         4.40       856.68 -7.55%       834.00       787.67       741.34       695.00     648.67
S&P 500 Index    1,576.09 10/11/07         4.40    1,448.51 -8.09%    1,418.48    1,339.68    1,260.87    1,182.07  1,103.26
S&P SmallCap 600 Index       445.82 10/11/07         4.40       395.80 -11.22%       401.24       378.95       356.66       334.37     312.07
8/29/2007  Correction   Correction Levels 
Index  52 WKH   Start   Length   Low  % 10% 15% 20% 25% 30%
Dow Jones Industrial Average  14,021.95 07/17/07         6.40  12,517.94 -10.73%  12,619.76  11,918.66  11,217.56  10,516.46  9,815.37
Nasdaq Composite Index    2,724.74 07/19/07         6.00    2,386.69 -12.41%    2,452.27    2,316.03    2,179.79    2,043.56  1,907.32
NYSE Composite Index  10,238.25 07/13/07         6.80    8,811.55 -13.93%    9,214.43    8,702.51    8,190.60    7,678.69  7,166.78
Russell 2000 Stock Index       856.48 07/13/07         6.80       736.00 -14.07%       770.83       728.01       685.18       642.36     599.54
S&P 400 Midcap Index       926.67 07/13/07         6.80       797.27 -13.96%       834.00       787.67       741.34       695.00     648.67
S&P 500 Index    1,555.90 07/16/07         6.60    1,370.60 -11.91%    1,400.31    1,322.52    1,244.72    1,166.93  1,089.13
S&P SmallCap 600 Index       445.82 07/17/07         6.40       387.48 -13.09%       401.24       378.95       356.66       334.37     312.07
3/21/2007  Correction   Correction Levels 
Index  52 WKH   Start   Length   Low  % 10% 15% 20% 25% 30%
Dow Jones Industrial Average  12,795.93 02/20/07         4.40  11,939.61 -6.69%  11,516.34  10,876.54  10,236.74    9,596.95  8,957.15
Nasdaq Composite Index    2,531.42 02/22/07         4.00    2,331.57 -7.89%    2,278.28    2,151.71    2,025.14    1,898.57  1,771.99
NYSE Composite Index    9,463.62 02/26/07         3.60    8,812.37 -6.88%    8,517.26    8,044.08    7,570.90    7,097.72  6,624.53
Russell 2000 Stock Index       830.01 02/22/07         4.00       760.12 -8.42%       747.01       705.51       664.01       622.51     581.01
S&P 400 Midcap Index       870.89 02/26/07         3.60       809.02 -7.10%       783.80       740.26       696.71       653.17     609.62
S&P 500 Index    1,461.57 02/22/07         4.00    1,363.98 -6.68%    1,315.41    1,242.33    1,169.26    1,096.18  1,023.10
S&P SmallCap 600 Index       423.35 02/22/07         4.00       389.75 -7.94%       381.02       359.85       338.68       317.51     296.35

 

 

Post a Comment