Sunday, June 29, 2008

1987

We all heard that 1987 had a decent drop in the shock market.

SP.MDE chart
DJI.DJI chart
But look at the Hong Kong Hang Seng Index, a terrible 40% drop in two days.

HSI.HSI chart
Wow, index investor be warned.

Here is the detailed view on the HSI for October:

HSI.HSI chart
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