Tue 18 Mar 2008
Stock market charts tumbling down
Posted by Prieur du Plessis under Money, Markets, Investment
Pursuant to the Bear Stearns collapse, the following “expert” chartist’s view shows the “collapsing” near-term prospects for global stock markets:
Hat tip: Barry Ritholtz’s Big Picture (via FT Alphaville)
Click here for the original graph.
For a serious take on the Bear saga, please read the article below entitled “Let’s Get Real About Bear”.
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March 18th, 2008 at 1:23 pmLet’s Get Real About Bear…
Reams of articles and comments have appeared over the past few days on the Bear Stearns debacle. A particularly interesting viewpoint has just been penned by John Mauldin and is republished in this post….
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![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
March 18th, 2008 at 2:24 pm
Great chart! Read Mauldin’s “Let’s Get Real About Bear” last night and glad you used it because it is really such a good take on the problem.
March 18th, 2008 at 3:32 pm
I see you have a link to “It could get worse before it gets better.” I think it could get worse before it gets worse.
March 19th, 2008 at 1:46 am
Prieur,
This cartoon could only be funny to those of us who — thanks to your blog and John Mauldin’s newsletter — exited the market quite a while back.
Frank Wordick