Friday, March 06, 2009

Understand the Crash

Pretty pictures comparing and contrasting.

Via dshort

8 comments:

Rightwinggit said...

Ohhhhh, shit....

Jonathan Cook said...

Ouch!

This is a big one. Luckily we have it on good authority that it will have ended in Britain in 116 days time.

Oldrightie said...

Would be nice to lock this Government in a room until they understood it. Might never come out of course!

Not a sheep said...

Now that has depressed me even further; thanks.

kinglear said...

Conventional wisdom was that returning to 12 year lows on the Dow was a buy signal - that line in the sand got blown away.
A 2/3rds drop should do the trick ie another about 15-20%.
Ouch.
Or a 90% drop to about 1500 on the Dow.
The PE on the S&P was about 17.5, now about 10.4 - massively cheap in historic terms, but it probably needs to be in the 7-8 area before the cash will materialise to buy.
That implies a further 25+% fall in the S&P.
Or the Dow down to about 4,500.
Which is about the 2/rds drop mentioned above.
Hmmmmmmm...
PS WV = MENDA....

Darwen Reporter said...

Reminds me of some of the early work of our national treasure(?) artist Tracey Emin!

Steve Tierney said...

Tell us something we didn't already know, or expect. : (

Dark_Heretic said...

You watch the Government will blame the USA on all of these as well