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259 comments on DrumBeat: September 29, 2008

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Undertow on September 29, 2008 - 9:48am Permalink | Subthread | Parent | Comments top

S&P 500 FINANCIALS INDEX

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westexas on September 29, 2008 - 9:57am Permalink | Subthread | Parent | Comments top

Thanks, it's actually better than what I thought it would be, but it has taken a lot of borrowed money to keep slow the decline.

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Undertow on September 29, 2008 - 10:04am Permalink | Subthread | Parent | Comments top

If you extend the scale back a bit to the peak at about 510 midway through last year and the latest intra-day low today (about 267) we're heading towards a 50% loss from peak in just over about 15 months.

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Undertow on September 29, 2008 - 7:30pm Permalink | Subthread | Parent | Comments top

And the close for the S&P Financials today

239.78

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259 comments on DrumBeat: September 29, 2008

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