NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
You resurrected the thread from 2008, but 2009 was the real capitulation, it went down more from the Nov 2008 to March 2009. Maybe 15% more.
March 09, 2009 was the day all 3 indices and my stash hit the bottom.
Compared to the top on October 31, 2007, the S&P was down to 44% of its previous high (1269 vs. 2804). The market lost 56%. My stash lost 37%.
Between those 2 dates, here are some terrifying days.
2008/09/04 DJ dropped 345, from 11533 to 11188.
2008/09/15 DJ dropped 504, from 11422 to 10918
2008/09/26 DJ dropped 778, from 11143 to 10365. S&P down 8.8%.
2008/10/06 DJ dropped 369, from 10325 to 9956
2008/10/07 DJ dropped 509, from 9956 to 9447
2008/10/09 DJ dropped 679, from 9258 to 8579
In between those terrible days, there were days when the DJ went up 937 on 2008/10/13 (SP up 11.6%), or 889 on 2008/10/27 (SP up 10.8%). The market kept bouncing up/down, but more down than up until it bottomed out in early March 2009.
I kept a diary, and that was what I just looked up. I also found that I had my 1st colonoscopy in that time frame (2008/09/30). The scary market did not keep me from traveling. We flew to Seattle, rented a car and did a road trip to Victoria and Vancouver in early Sep 2009.
Me scared? It's only money, not life and death. Life under a bridge is still better than no life, oui?
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