Ten Largest S&P 500 Declines Without a Rally

Following yesterday's sharp sell off in the final minutes of trading, the S&P 500 is now down 45.76% from its October 2007 closing high.  On a closing basis, this makes the current period the fourth largest decline in the S&P 500 without a 20% rally.  The only three other periods where we had deeper declines were in 1931, 1938, and 1974.

Comments

[Briggsy:]

Wow, thanks for the smelling salts. This is ridiculous. I'm buying for a rebound.

2008 Oct 28 02:36 PM

[Urbane Gori...:]

Thanks for providing the facts without proselytizing! Really like your approach!

jegan

2008 Oct 29 02:25 PM