Monday, December 28, 2009

Global Bull Market Rally: MSCI World Stock Market Closes at 15-Month High, Up 71% from March Low

The MSCI World Stock Market Index reached 1,176.35 today, the highest closing index value since October 1, 2008, almost 15 months ago. From the March low of 688.64, the benchmark world stock index is up by almost 71%, and from the first of the year by almost 28%.

3 Comments:

At 12/28/2009 9:06 PM, Anonymous Benny The Man said...

Up 71 percent from the low!

Buy on the scare. Buy when others are whimpering, predicting doom.

Invest in Asia. Live in Asia. Eat Asian food.

The last 20 year global boom? Just the first inning. The second inning starts now.

Okay, it is football season. The second quarter starts now, and there are going to be lots of touchdowns.

You can hit a home run through the goalposts, score all the way from first base on the 20 yard line. Three point shots are easy, for shortstops.

That's how easy it will be making money in Asia in the next 20 years.

There is no crying in baseball, or investing in Asia.

 
At 12/28/2009 9:23 PM, Blogger Tim Shell said...

I don't know. "Markets down 35% over 2.5 years" is a bear market.

"Markets down 60% then up a bit from the lows, so it's only down 35% over 2.5 years" - that's a bull market.

But it's the same thing.

 
At 12/28/2009 11:16 PM, Blogger BxCapricorn said...

Well Professor, I bought EPP on the dip below $40, based on my TA signal, and we haven't even seen a MACD Historgram or DX crossover yet. You finally got one right...with room to spare.

I bought big. Wish me luck, I'm profit taking within two weeks.

 

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