A few weeks back I posted a chart from dshort.com that compared the last four bear markets, well they’ve updated the chart to reflect the recent market activity.
You can click the image to get a clear view.
What does this information say thus far? Well, the S & P crash of 2008 was larger than the DOW crash of 1929. It look as if a short term bottom was established as the S & P is up more than 10% from it’s low, but is the selling and downward pressure over? Looking at the VIX, it sure looks like things have really calmed down…
Frankly, I wouldn’t be throwing money into the market just yet.
Important to note: The 51% drop in the S & P does not mean we are in a Depression
