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Tuesday, April 07, 2009

Stock Market April 7th: More Volatility

by Calculated Risk on 4/07/2009 03:48:00 PM

More volatility ...

Dow down 2.3% (7,789)

S&P 500 down 2.4%

NASDAQ down 2.8%

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

The first graph is from Doug Short of (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 recent rally into perspective - the S&P is still off almost 50% from the 2007 high.