Historic Volatility

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Here a graph which shows some not so surprising news, the current market is the most volatile the U.S. market has been over the last 80 years (based on the S&P 500). The volatility last month makes the 1987 crash look like nothing.


There are a lot more interesting stats in the article that accompanies the chart.

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Quoted

"Remember that stocks are never too high for you to begin buying or too low to begin selling. But after the initial transaction, don't make a second unless the first shows you a profit. Wait and watch." ~ Jesse Livermore
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This page contains a single entry by Michael published on November 2, 2008 4:24 PM.

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