Equity Market Bottom Re-Revisited

Well that didn't take long. The market rallied in almost a straight line after 1:00 pm EST as the bottom seemed to hold one more time. The intraday low in the DJIA was 7,965.42 and 818.69 was the low for the S&P 500.

Volume for the DJIA was respectable at 475 million shares traded, implying some interest in going long. I will post more details in a bit.

Largest One Day Point Increases
Date	Closing Value	Change (points)	Change (%)
10/13/2008	9,387.61	936.42	11.08%
10/28/2008	9,065.12	889.35	10.88%
11/13/2008	8,835.25	552.59	6.67%
03/16/2000	10,630.60	499.19	4.93%
07/24/2002	8,191.29	488.95	6.35%
09/30/2008	10,850.66	485.21	4.68%
07/29/2002	8,711.88	447.49	5.41%
03/18/2008	12,392.66	420.41	3.51%
03/11/2008	12,156.81	416.66	3.55%
10/20/2008	9,265.43	413.21	4.67%
Largest One Day Percentage Increases
Date	Closing Value	Change (points)	Change (%)
03/15/1933	62.10	8.26	15.34%
10/06/1931	99.34	12.86	14.87%
10/30/1929	258.47	28.40	12.34%
06/22/1931	145.82	15.51	11.90%
09/21/1932	75.16	7.67	11.36%
10/13/2008	9,387.61	936.42	11.08%
10/28/2008	9,065.12	889.35	10.88%
10/21/1987	2,027.85	186.84	10.15%
08/03/1932	58.22	5.06	9.52%
09/05/1939	148.12	12.87	9.52%