12/25/08
Merry Christmas to everyone. However, not quite so for US stock market, no Santa Clause Rally yet. In the matter of fact, I repost some very great charts about historical Bear Market after World War II here. Enjoy and Relax if you can. Ho Ho Ho......
However again, I have not posted the worst case yet the Bear Market of 1930-32. I have no chart to show that. The worst Bear Market Ever happened during year 1930-32. It lasted about 27 months. The percentage drop of S&P index from 294 to 41, an amazing 86% drop. For example, if you have $1000 invested in the 1930, your $1000 was worth about $108 at 1932 the market bottom. And how long to take your $1000 to re-gain back? Folks, it took you 25 years from 1932 to 1954. Yes, this is real data. Moreover, I have not accounted for the inflation adjustment. Sorry, I am no Santa Clause. I am real to be your friend and honest adviser of your retirement planning. Will this mess repeat like the worst case in 1930-1932? I have no idea. But I am still remain very very bearish. I will post my view of 2009 at New Year Eve. Happy holiday to all.
No comments:
Post a Comment