Sunday, November 2, 2008

Just How Bad Was October 2008 ?

(The Big Picture-Barry Ritholtz) Not too shabby a week -- plus 11% across the major indices, with some areas even stronger. Of course, that comes from deeply oversold levels, with stocks peak trough down 27% within October. The key question going forward is whether or not this past week's snapback rally has legs. But rather than guess about that, let's look at some of the more intriguing data points from October 2008.

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