Confirmed Rubicon Sighting! (Musical Tribute)

November 4, 2010
Crossing the S&P 500's Rubicon v.24 (Musical Tribute)

Here's a list of dates when the S&P 500 crossed above the 1200 level.

There were 24 of them going all the way back to 1998. I won't bore you with the gory details. I will say that we've just setup the necessary conditions for a 25th crossing though! O frabjous day! Callooh! Callay!

The S&P 500 closed today at 1,199.21.



Let's cross our fingers for the bulls next week. We're looking for a 0.79 gain on the S&P 500. It may seem like a trivial task for an index walking the line but is anything in this economy really ever that simple?

See Also:
Sarcasm Disclaimer