by Calculated Risk on 3/13/2009 04:21:00 PM
Friday, March 13, 2009
Stock Market: Another Up Day
While we wait for the FDIC on Friday the 13th ... the S&P 500 is now up 11.8% from the lows. Here are a couple of graphs:
Click on graph for larger image in new window.
The first graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears".
This is the 2nd worst S&P 500 / DOW bear market in the U.S. in 100 years.
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.
The dashed line is the closing price today.
The S&P is just above the closing low of last November.