by Calculated Risk on 1/01/2009 09:56:00 AM

Click on graph for updated image in new window. (small image HAS NOT been updated.)

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

This graph from Doug "The Mega Bear Quartet" compares the recent S&P 500 bear market with the Dow following the Crash of 1929, the post-1989 Nikkei 225, and the NASDAQ after the Tech Bubble.

Note: I'm returning home today from my vacation. Happy New Year to all.