Don’t shrug off the similarities of past April stock markets

It might be well to keep in mind that the market topped out on April 26 in 2010, and April 29 last year, forcing the Fed to come to the rescue during the summer months Almost a year ago in this column I pointed out the eerie similarities in April (2011) to conditions the previous April (2010). And sure enough the similarities continued into almost identical 20% market corrections before the bull market resumed. And here we are again this year looking at eerie similarities as March draws to a close, this time to the last two Aprils. I’m hearing a lot of assurances that this time is different. It would defy the odds for the . . . → Read More: Don’t shrug off the similarities of past April stock markets