Tuesday, December 12, 2006

SPX Winning Streak Factoid

I looked into the current streak of the market with no market (SPX) pullback (on a closing basis) of 10% or more

We are on calendar day 1,369. Our last 10% decline was last seen in March 2003.

Since 1970, this is the third longest streak without a 10% decline.

The longest streak was 2,546 calendar days from 11/7/1990 to 10/27/1997
The next longest streak was 1,890 calendar days from 8/12/1982 to 10/15/1987

Other streak include: 1,119 calendar days 10/3/1975 to 10/26/1978