Today's chart displays a stock rally happening in a place you'd never expect. It shows the rally in Greece.

Most folks know the current "Greece story." It's an economic basket case. It has spent and borrowed its way into a depression. Unemployment is over 20%. Things seem hopeless to lots of people there.

The rough times took their toll on the Greek stock market. From its October 2007 peak to the June 2012 lows, the Athens Stock Exchange fell 91%. But today's chart shows how stock markets can stage huge rallies when things are bleak...

Since bottoming in 2012, the Greek stock market has rallied more than 100%. And while the U.S. stock market has been flat since early July, Greek stocks are up 36%. Even after the rally, Greek stocks are among the cheapest in the world. This move higher still has plenty of room to run.

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