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Interesting

This struck me as intriguing I am going to have to go away and think about this some more.

From Bloomberg

“What does today’s stock rally equal in past markets? About half as much.

The Dow Jones Industrial Average (INDU) reached 12,045.68, up 490.05 points from yesterday’s close. Adjusting for the market’s volatility in 2011, the gain is equal to about 240 points in the first nine years of the last decade, Bloomberg data show . . . Europe’s sovereign debt crisis has fueled some of the biggest stock swings ever during the last four months. The Standard & Poor’s 500 Index has moved 1.7 percent on average each day, compared with 0.8 percent before September 2008, when Lehman Brothers Holdings Inc. collapsed.

The S&P 500 has climbed 3 percent or more in a day 36 times in the three years since Lehman’s collapse, or about once a month. That compares with 27 times for the nine years before, or about 0.3 times a month, data compiled by Bloomberg show. The Dow’s intraday move has exceeded 100 points every day in November except one, Nov. 18.”

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