Don't Wait for Top Tick

In March 2009, both the Dow Jones Industrial Average ETF (NYSE ARCA: DIA) and the S&P 500 ETF Trust (NYSE ARCA: SPY) bottomed out, a culmination of the infamous 2007/2008 financial crisis for US equity markets.
DIA traded as low as $64.78 in that month, whereas SPY traded as low as $67.10; from then onwards, neither index has looked back, and one of the greatest bull markets in US stock history has ensued.
On Friday, DIA closed at $177.65 and SPY closed at $206.52. Yesterday, DIA closed at $179.36 and SPY closed at $207.47. To say that these indexes have had quite the run over the past six years is self evident.  (more)

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