This week we had a little bounce. Interestingly though, there were still more new lows than new highs in the NYSE.
Let's compare the 2008-2009 downturn in the NasDaq to our current downturn.
2008 - 2009 crash - Long Period of time - about 1 year and 4 months
Current downturn in NasDaq - about 7 months so far.
We are obviously still in Stage 4 - downturn! Let's see what develops over the next few months.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.