Friday, September 19, 2008

Bear Market Rally

Before I forget, I should remind myself: "It's Still a Bear Market"
Okay, I'll just visit "How Bad Can it Get: Stock Charts 1928-1932".
Alrighty. DJIA 11,340, up 320.
Barry Ritholtz might be thinking along the same lines (go for his charts, I'm just pasting the commentary):

Industrials: Biggest 2 day rally since 1929

...Classic Bear Market rally:...

Best 2 day the Dow has seen since 1929 -- and how'd that work out for ya?

Spoiler ahead!

A 29% rally, followed by an 86% sell off . . .