Contrarian investor Steven Jon Kaplan calls the bull-market anniversary a phony
By Barbara Kollmeyer
A happy anniversary for some, a painful reminder for others.
Wednesday marks exactly 10 years to the day that the S&P 500 dropped to 666 in intraday trading, a final plunge lower for stocks that marked the end of a vicious bear market and the start of the current bull market in the eyes of some. Others peg it to the closing low scored three days later on March 9.
Read more here.