A near miss on the 15th

On July 15th the closing price of SPY was only $1.12 away from the July 15th, 2004 closing value of SPY.   The last crossover between the two price histories was in late May, but it wouldn’t take much of a rally to put 2010 on top again.

SPY 2010 vs 2004,  Click to enlarge
SPY 2010 vs 2004, Click to enlarge

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