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Tuesday, March 17, 2009

Stock Market Update

by Calculated Risk on 3/17/2009 04:12:00 PM

Another up day with the NASDAQ up over 4%, and the S&P up 3.2%. The S&P 500 is now up 15% from the closing lows. Here are a couple of graphs:

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

The first 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 second graph shows the S&P 500 since 1990.

S&P 500


The dashed line is the closing price today.

This puts the 15% rally into perspective - the S&P is still off more than 50% from the 2007 high.