Thursday, October 09, 2008

Stock Markets, the worst has yet to come ...

When people say Sell Friday, Buy Monday as one does not know what will happen over the weekend with too many unknows. For the last few weeks, this theory was proven every single Monday

2008/09/29 TSX dropped -800 points, when the $700 billion bailout was turned down
2008/10/06 we had the -1200 points drop at one time, then back to only -570, but the significance remains in that TSX broke the 10,000 level.

This is a Price History and Changes(%) for the last month, fun to observe
Date Close ChangesChangesDay
Oct 0810,056.31226.762%Wednesday
Oct 079,829.55-400.88-4%Tuesday
Oct 0610,230.43-572.92-5%Monday
Oct 0310,803.35-97.19-1%Friday
Oct 0210,900.54-813.97-7%Thursday
Oct 0111,714.51-38.390%Wednesday
Sep 3011,752.90467.834%Tuesday
Sep 2911,285.07-840.93-7%Monday
Sep 2612,126.00-420.51-3%Friday
Sep 2512,546.5133.150%Thursday
Sep 2412,513.36-19.270%Wednesday
Sep 2312,532.63-105.44-1%Tuesday
Sep 2212,638.07-274.92-2%Monday
Sep 1912,912.99848.427%Friday
Sep 1812,064.57186.882%Thursday
Sep 1711,877.69-349.30-3%Wednesday
Sep 1612,226.99-27.040%Tuesday
Sep 1512,254.03-515.55-4%Monday
Sep 1212,769.58156.821%Friday
Sep 1112,612.76115.611%Thursday
Sep 1012,497.15350.393%Wednesday
Sep 0912,146.76-487.88-4%Tuesday
Sep 0812,634.64-181.78-1%Monday
Sep 0512,816.422.280%Friday
Sep 0412,814.14-323.58-2%Thursday
Sep 0313,137.72-161.82-1%Wednesday
Sep 0213,299.54-471.71-3%Tuesday
Sep 0113,771.250.000%Monday
Aug 2913,771.2520.770%
Aug 2813,750.48

Here's Toronto TSX for the last few while



Dow Jones isn't faring much better either

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