After looking at the daily McClellan, I found an interesting observation. 

    10/28/09 McClellan -336.21

    02/23/09 McClellan -359.34

    11/20/08 McClellan -312.62

    What happened on 02/24/09 and 11/21/08?

    02/24/09 S&P rallied 3.82%

    11/21/08 S&P rallied 5.84%

    What happened on 10/29/09?

    10/29/09 S&P rallied 1.9% - the biggest "rally" percentage wise since early July.

     

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