Comparing the big bear markets
Posted on November 22nd, 2008 in Stock Market | Comments Off
Really nice chart from dchart.com comparing the big bear markets since 1929. The question is “Are we at the bottom now?” We have retraced down 52% which is near the retracements of the last three bear markets but nowhere near the 1929 – 1932 for an 89% retracement!!!!! Are the times really different now that we are smarter with the financial system or just more complicated compounding the severity?

