As you may recall, 2012 started out with a fairly steady stock market rally.
It was quite similar to the rally which we have seen so far this year.
The chart below shows how the rally ended in 2012.
It lasted until the end of March when it reached almost thirteen percent.
It chopped sideways through the month of April, and then gave up almost two thirds of its gains by the end of May.
Perhaps it will be different this time. Change you can believe in.
