In 2008/09 the market went from SPX 1576 to SPX 666. That's a roughly 60% loss.
And we have Market Present:
This last week was a grand total of.... about 10%.Mr. Market may have been overpriced in the first place..........but panic works better!
Wisconsin native. "The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC "Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
In 2008/09 the market went from SPX 1576 to SPX 666. That's a roughly 60% loss.
This last week was a grand total of.... about 10%.Mr. Market may have been overpriced in the first place..........but panic works better!
No comments:
Post a Comment