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Friday, April 09, 2010

Market Correction Statistics

How many bears did you hear on TV say they would buy into the market if it corrected by 10%?

click image courtesy of stockcharts.com for full size view

It is no surprise that the recent stock market correction only corrected 9.2% which kept many of them on the sidelines complaining they are still waiting for the market to correct.

Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 176% (a double plus another 76%!!) vs. the S&P500 UP a tiny 17% vs. NASDAQ UP a tiny 3.5% (All through 4/9/10)

In 2009, "Kirk's Newsletter Explore Portfolio" gained 33.5% vs. the DJIA up 18.8%
As of 4/9/10, the explore portfolio was up 7% YTD

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