Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Sunday, March 1, 2009
Worse than the Great Depression?
Last day of Feb, Dow ending with hitting its 13 yrs low. looking at Dow, we have had 6 consecutive down months. During the Great Depression, do you know how many times there were 6 consecutive down months? ZERO. How about 5 consecutive down months during the G.D? ZERO. There were 4 consecutive down months twice, and 3 a few times. But Never 5+ consecutive down months. And here, we just completed 6 down months in a row, and honestly, I would surprised if March finished in the green, this would put us at 7 months in a row of Black Bars! Worse than the G.D??? Food for thought.
Labels:
Investment Idea,
US mkt
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