Saturday, January 23, 2010
Down Down Down: S&P 500 Drops 5.1% in Just One Week
*I just can't trust these gangsters to let the 10% correction begin. I imagine that Monday will have some positive news that you could hang your stock market ride up on so I am still cautious.
Bear Turns to Bull? from dshort.com
January 22, 2010 updated each market day
The S&P 500 closed down 2.21% today, which gives us a year-to-date loss of -2.1%. The correcion from the interim high, set three sessions ago, is -5.1%. The index is 61.4% above the March 9, 2009 closing low, which is 30.2% below the peak in October 2007.