Calculated Risk has published two tables showing the largest one day percentage market declines and one day percentage market increases and what the market looked like six months later. If you are a believer in perspective and appreciate historical data you need to study those tables at Calculated Risk in the links above. They will not tell you what the market will look like six months from now, but if you use the information and keep your eyes on growth in the United States and globally, you will have a better concept on how growth or the lack of growth will affect the market long term and on day to day news and economic data releases and periodic scheduled reports.
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Wednesday, August 10, 2011
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