The very use­ful com­par­i­son of the cur­rent US stock mar­ket rally with that of 1982 is pro­vided in the table below, cour­tesy of Barry Ritholtz, writer of The Big Pic­ture blog.

It is when look­ing at the char­ac­ter­is­tics of a typ­i­cal mar­ket bot­tom that one has dif­fi­culty see­ing that the March ‘09 lows were in fact a pri­mary bull mar­ket turn­ing point. “Maybe this time it really is dif­fer­ent, I guess we’re going to find out,” said Richard Rus­sell (Dow The­ory Let­ters).

Source: Barry Ritholtz, The Big Pic­ture, Novem­ber 18, 2009.

Dr. Prieur du Plessis is an investment professional with 26 years' experience in investment research and portfolio management. More than 1,200 of his articles on investment-related topics have been published in various regular newspaper, journal and Internet columns, including his blog, Investment Postcards from Cape Town. He has also published a book, Financial Basics: Investment. Prieur is Chairman and principal shareholder of South African-based Plexus Asset Management, which he founded in 1995. The group conducts investment management, investment consulting, private equity and real estate activities in South Africa and a number of foreign countries. He also serves as Honorary Consul of Slovenia for South Africa, actively developing economic, cultural and scientific relations between Slovenia and South Africa. Prieur is 54 years old and live with his wife, television producer and presenter Isabel Verwey, and two children in Cape Town, South Africa. His leisure activities include long-distance running, traveling, reading, motor-cycling and scripophily. Read more from the author/contributor here.

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