Thursday, April 02, 2009

Markets: Another Day at the Casino

by Bill McBride on 4/02/2009 04:00:00 PM

These swings are wild ...

DOW just below 8,000, up 2.8%

S&P 500 up 2.9%

NASDAQ up 3.3%

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

This graph is from Doug Short of dshort.com (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.