Stock market charts tumbling down

By Prieur du Plessis, on March 18th, 2008 posted in: Investment, Markets, Money

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”.

Did you enjoy this posting? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

More on this topic (What's this?)

Bear Stearns Report: Relative to Income, Home Prices "About as stretched as [they have] ever been!" (Wall Street Law Blog, 1/27/12)

Bear Stearns, Merrill Lynch Expected Housing Disaster (our all-time most viewed post; first publi... (Wall Street Law Blog, 1/1/12)

Is This The Return Of The DeLorean? (Green Chip Stocks, 1/25/12)

Read more on Original, Bear Stearns Companies at Wikinvest

PostOnFire.com

March 18, 2008 at 1:23 pm

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

March 18, 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.

J, R. Chase

March 18, 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.

Frank Wordick

March 19, 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