Stock market charts tumbling down

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Pursuant to the Bear Stearns collapse, the following “expert” chartist’s view shows the “collapsing” near-term prospects for global stock markets:

graph.gif

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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4 comments to Stock market charts tumbling down

  • Let’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….

  • Marilyn Kim

    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.

  • J, R. Chase

    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.

  • Frank Wordick

    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

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