The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “4 Crashes: 1929, 1962, 1987 and 2008:”

1. Chief Tomahawk Says:
   January 19th, 2009 at 11:12 am

   What’s up with the British banking system today??? Did I hear right (CNBC) several British financial stocks have plunged 70% today?

2. Mike in Nola Says:
   January 19th, 2009 at 12:20 pm

   Appears so. News of monumental losses started dribbling out yesterday.

   http://www.bloomberg.com/apps/news?pid=20601087&sid=akejqgjre9D4&refer=worldwide

   Looks like the RBS did “make it happen.” :)

3. Cleodus Says:
   January 19th, 2009 at 1:16 pm

   IOW, this barrel to which i’m affixing suspenders has a new bottom

4. Chuck Ponzi Says:
   January 19th, 2009 at 1:35 pm

   This is terrible real-time reporting.

   You don’t know what the bottom is until well after you hit it, so the scale on the current chart is unknown. Or, is Bob claiming to know what happens?

   Perhaps he wouldn’t mind lending out his time machine?

   Chuck

5. Simon Says:
   January 22nd, 2009 at 4:37 pm

   The interesting thing about these charts is the similarity of the pattern. Patterns being all important to traders and economists eh?