by Bill McBride on 3/02/2009 03:48:00 PM
Monday, March 02, 2009
The S&P 500 closed just above 700. We are back to 1996 prices ...
The low in 1997 was 737.01.
The low in 1996 was 598.48.
Click on graph for larger image in new window.
DOW off about 4.3%
S&P 500 off about 4.7%
NASDAQ off 4.0%
The second graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears". (If not updated right way, Doug should update in a few minutes)
Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.