Bears' claw in 2008

12/1/08

Today is the second worst percentage drop for S&P stock indexe so far in 2008. Notice those biggest declines were happening within last few months as the market has gotten into death spiral. This December still has about 21 trading days to go (downs/ups)?!

I have just found out that the day 1/8/08,I officially called Bear market begun which the post title as "Recession Fear". Go check and you see I made my call very earlier. If any of you has been listened to me, you will all very happy by now. The S&P was close at 1390(Dow was 12589) on 1/8/08. The all time high is 1576(Dow was 14198)). Look at today it closed at 816(Dow was 8149). My call was 186(1609 for Dow) points below from all time high. However, it has been down 574(4440 for Dow) points away far from the day I made my words until today. Wow, what an amazing early call of all time!? Yes, I feel very honored that I am good at reading the chart and make such great observation. I have successfully building my reputation thru continuing my time and effort to contribute my knowledge in writing this blog so far. The 12/9/09 will be one year celebration of my works here and I am looking forward to have more readers enjoying my insight. Good to all.