Worse than the tech bust by any measure

The 2002 lows are under assault and this drop so far makes that one look like child’s play. All long term indicators are more negative now than at any point in the 2000-2002 bear.

spx112008

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: