We lost the most important game of the season. After being down 0:1 in the first half, we managed to turn the game around in the first 10 minutes of the second half and take the lead 2:1. Unfortunately, we broke down in the last 20 ...

22 Nov 2008

All double digit losing years for the S&P500 (1950-2008): 2008 -45.5% (YTD) 1974 -29.7% 2002 -23.4% 1973 -17.4% 1957 -14.3% 2001 -13.0% 1962 -11.8% 1977 -11.5% 2000 -10.1% This is what followed the above years: 2009 ??? 1975 +31.5% ...

22 Nov 2008

This graph will give you a historical perspective of the current bear market. This bear market reached -48.5% faster than any previous, even faster than during the Great Depression. When it comes to actual declines, it is shaping up ...

21 Nov 2008

DOW -5.3%, NASDAQ -5.1%, S&P500 -6.7%. Two days ago, as the main indices were approaching support levels, I wrote: "Keep in mind, there is a technical vacuum of some 10% underneath these support levels." Well, we are in that vacuum ...

20 Nov 2008

At this time of the year, bulls are usually in full control while a fourth quarter rally rages on. Well, that's certainly not the case this year. US markets will open one hour from now. Posted by Pingvin at 11/17/2008 08:16:00 AM ...

17 Nov 2008

Let's say you have a 401k retirement account which will market perform over the next 35 years. Annualized compounding rate will be 8.8%. The total return will be +1814%. Now, assume your account is charged various mutual fund fees, ...

8 Nov 2008