by Calculated Risk on 5/18/2010 04:02:00 PM

Click on graph for larger image in new window.

This graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears".

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

The Euro is at 1.22 dollars. Other sources for exchange rates and NetDania.

From the WSJ: Euro Falls on German Tax Plan

German Chancellor Angela Merkel said Tuesday in Berlin that Germany would support a tax on the sector to contribute to the costs of the euro-zone sovereign-debt rescue plan.
...
Germany's ruling center-right parties agree that the financial-market sector must contribute to the costs of the euro-zone debt crisis if the lower house of Parliament is to approve Germany's share of the huge euro-zone rescue plan. They demanded the introduction of a financial-transaction tax or financial-activities tax.

And Germany bans naked short selling on eurobonds and some banks ... from CNBC: Germany Planning Sharp Curbs On Some Kinds of Short Selling