19 Apr April 2011: The Market Low: Two Years Later

Posted at 20:21h in 2011 Commentaries by

THE MARKET LOW: TWO YEARS LATER

April 13, 2009 – Dow 8,057: “Throughout January and February, when the outlook seemed the darkest, investors were able to ‘stay the course’, while fear seized those with less experience and resolve. The Dow hit an intraday low of 6,470 on March 6th and then proceeded to rally 20% through early April. This rally doesn’t mean that we have put the problems behind us, but it does remind us that recovery will happen. It will be a recovery you won’t want to miss.” – Excerpt from Greenwood Report titled “What Has Changed?”



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