SubscribeThis mean, mean Bear
Wednesday, October 8th, 2008It’s not your imagination: This bear is a mean one writes Tom Petruno, the Los Angeles Times financial markets blogger. He is right. The S&P 500 closed down 36.3% from its high one year ago. Although the duration of this current bear is still below average, the percentage drop is in the top 5 of the worst bear markets since Standard & Poor has been measuring them. So what does one do? Well considering October has been a historical “bear slayer”, now could be a great time to move in.