Many like to compare the recent downturn with the 1987 stock market crash. In 1987 the fall was more dramatic as the market (SPI) fell 50% within weeks. From the All Time High (ATH) in 2007 until the recent low the market has fallen 46%, almost as much as in 1987, but it has taken [...]
Posts from ‘November, 2008’
SPI bottom reached?
A week ago on 28 Oct 08, the SPI made a low and have had some good up-days since. There are good reasons to believe that the bottom has been reached and the market has turned!