Commentary: politics, science, technology and humanity. Secular humanist.
Tuesday, January 22, 2008
The S&P is down 15%, back to Jan 2007
It's so annoying that reporters quote daily point drops in the Dow. What I want to know is how far the S&P is off a recent reasonable peak.
As of this AM the answers (by the Yahoo graph) are:
down 15% from November 2007
back roughly to Jan 2007
So it's given up about a year's growth. If it keeps falling I'll probably be obliged to start making regular purchases on the way down.
I wish these things would happen
my mutual funds charge me capital gains.
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