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Friday, December 04, 2009

Market Update

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

While we wait for the FDIC ... a couple of market graphs:

S&P 500 Click on graph for larger image in new window.

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

The dashed line is the closing price today. The S&P 500 was first at this level in April 1998; about 11 1/2 years ago.

The S&P 500 is up 63% from the bottom (429 points), and still off 29% from the peak (459 points below the max).

Stock Market Crashes
The second 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.