Sunday, September 21, 2008

A Long-term Look At The S&P 500

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Unless you’ve been living in a cave since yesterday afternoon, you don’t need me to tell you the stock market absolutely got slammed yesterday! After the failure of America’s oldest investment brokerage firm caused the major indices to open several percent lower, bulls quickly took advantage of the perceived buying opportunity, enabling stocks to recover much of their opening losses. But despite the valiant reversal attempt, the bears resumed control in the afternoon, sending the main s[...]

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[Source: The Money Blogs]

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