Monday, November 24, 2008
The stock market: Good news and bad news
The good news: On Friday and today, the U.S. stock market had its 13th best two-day advance in history.
The bad news: Eleven of the 12 best two-day periods were at various times during the Great Depression.
1 Comments:
By Who Struck John, at Tue Nov 25, 02:55:00 AM:
And the one other case? It's after the October 1987 crash.
Only after a big crash can you get a big bounce.