Comparison of Current US Stock Market Performance to that in 2008 and 2000
Stock-Markets / Stock Markets 2016 Feb 10, 2016 - 10:39 AM GMTRajveer Samuel Rawlin writes: A look back at stock market performance in two major bear market years of 2000 & 2008 reveals some interesting findings:
First lets look at the S & P 500 Chart in 2000:
The market dropped 10% to start the year. It proceeded to recover most of its losses by late March failing at prior highs eventually falling over 15% further post August.
Next lets look at the S & P 500 Chart in 2008:
The market again dropped 10% to start the year. It proceeded to recover most of its losses by early May and then collapsing over 50% into October.
That brings us to Today's market:
We have again dropped 10% to start the year. If we go by what the market did in 2000 and 2008 we should recover most of these losses by May and then begin a major collapse into August and September following an oversold bounce out of the March 2016 lows.
By Rajveer Samuel Rawlin
rajveersmarketviews.blogspot.in
© 2016 Copyright Rajveer Samuel Rawlin - All Rights Reserved
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