Market Review and Trends
The Next Big Crash – Are You Prepared?
By StockBrokerPlaysPoker  •  May 19, 2013
The S&P had 2 major peaks and crashes, 1st was the dot com bubble in year 2000 and 2nd was the financial crisis in year 2007. Currently we are in the 3rd and final installment of the US BOOM trilogy.
For the STI, the first real big crash was the 1997 Asia Financial Crisis as the STI came down from the 2400 level to about 900 level a super 60% mega bear correction. We were also affected by the 2000 Dot Com Bubble, as the STI fell from 2400 level to about 1300 level, a 45% bear correction. For the recent Financial Crisis, 3800 level was the peak and it came as low as the 1600 level another painful 55% bear correction. From the 2009 bottom to the present 2013 its been 4 years of recovery, as we know from history no single bull market lasts forever. The bull continue ......
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By StockBrokerPlaysPoker
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