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Stock Market Crash 2008: Dow Jones, S&P 500

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Stock market Crash of 2008: The Dow Jones and S&P 500 have made a major bottom on October 10th and should rally strongly for several weeks before the main bear market trend resumes and the stock markets crash once more. In the 1929 and 1987 stock market crashes, a 50% decline in stocks was achieved and this should happen in the crash of 2008 too. Asoka Selvarajah is a former investment banking trade strategist with major Wall Street firms such as Merrill Lynch and Bear Stearns. He covers trading in commodity, stock, stock index, futures, option and forex currency trading from a technical analysis perspective. From day trading to the longer investment time-frame, we look at financial markets from the view of the speculative trader.

Category: News
Uploaded: October 12th, 2008 @ 5:34 pm
Author: OnlineTradingRebel

Length: 09:37
Rating: Whole StarWhole StarWhole StarWhole StarWhole Star
Views: 3,336

Tags: 1929 1987 2008 bear collapse commodities crash credit crunch forex futures market options recession selloff stock trend

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