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What Usually Happens After A 25%+ Rally?
If you, like me, have watched incredulous as the Dow managed to record 11 (count 'em) consecutive record-setting closes, you're probably asking yourself the following question: "gee, if we look back to last February, we're up something like 29%... what normally happens after such a monumental rally?"
Fortunately, Citi has the answer and a chart that summarizes things for the visual learners out there. Behold! A depiction of: "I'll keep buying if you keep buying higher"...
(Citi)
