Monday, February 23, 2009

Party Like It's ... 1997

by Bill McBride on 2/23/2009 04:01:00 PM

Well, almost 1996. The S&P 500 low in 1997 was 737.01.

S&P Lost Decade Click on graph for larger image in new window.

DOW off 250 points (3.4%)

S&P 500 off 27 points (3.5%)

NASDAQ off 53 points (about 3.7%)

Another day of Cliff Diving.

Stock Market Crashes

This graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears". (if smaller graph isn't updated, click for larger graph - Doug should update soon)

Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.

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