I'll show a picture of the front of the Wall Street bull once the market recovers..........that will be years from now. R. Birch 2008
Wednesday, May 20, 2009
Bear Market 2007-Present
Chart from Clusterstock.com
The great bear market of 2007 to present saw the market drop 57% from 1565 to 666. We've rallied almost 40% off the lows but the we're far from a new high. The S&P 500 closed around 930 and would need to rally another 70% to make a new high.