Market Trivia Question

Ron Griess (Chart Store) sends along this trivia question:

Beginning with the year 1991, the S&P has reached its high for the year in either January or December during every year but three:

Without looking at a chart, name the month and year of the three exceptions.

Here is the history of the S&P starting in 1928:

Month High Low
January 13 29
February 4 7
March 3 7
April 2 5
May 2 3
June 1 5
July 5 3
August 3 2
September 6 4
October 6 8
November 10 4
December 27 5

Highlight the text after the jump to see the answer

March 2000 and October 2007 were the easy ones; November 1996 is the other one.

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