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Tuesday, March 10, 2009

Stock Market: To the Moon!

by Calculated Risk on 3/10/2009 03:57:00 PM

Quite an up day ....

DOW up 5.7%

S&P 500 up 6.3%

NASDAQ up 7.1%

The following graph puts the rally into perspective:

Stock Market Crashes Click on graph for larger image in new window.

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

This is the 2nd worst S&P 500 / DOW bear market in the U.S. in 100 years.

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