An epic crash
Bob Morris @ Oct 30th 2008 22:33 - Category: Credit crisis
Chart from Calculated Risk. There’s no sign the current stock market crash is anywhere near done either. That 10% up a few days ago was a bear market rally. Such rallies are known to spike up ferociously then die quickly, and are an excellent time for smart money to sell their holdings to the overly optimistic.
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connecticut man1 on 31 Oct 2008 at 7:08 am #
Yikes!