Tuesday, September 15, 2009

Small-Mid Caps lead the way in US

The S&P 1000 peaked at 5275 on 7/17/07. It fell to a low of 2225 on 3/6/09. As of today it is currently around 3879.

Peak to trough fall of 58%. Rally from low of 74%. Index currently 26% below peak.


The S&P 500 peaked at 1576 on 10/11/07. It fell to a low of 667 on 3/6/09. As of today it is currently around 1054.

Peak to trough fall of 58%. Rally from low of 58%. Index currently 33% below peak.

The S&P 1000 hit an airpocket around 4300 in late September 08 (falling quickly to a low of 3000 by October 10). My sense it that it will test the 4000-4200 range, but fail.

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