¿Are we close to a capitulation in the stock market?
- Posted by Marc on August 3rd, 2008 filed in People
Falls of 25% on average in all major global stock indexs this year. Plummeting 40% on average in emerging stock markets such as china or india stock index.
What’s happen?
Look at this indicator Morgan Stanley. Since 1998 this indicator was not enough nivels so low. It is a first signal of at least a short bullish rebound in stocks.
Morgan Stanley capitulation indicator chart (1990-2008)
Morgan Stanley capitulation indicator post index return. 17,6% gains in 3 months, and 19,8% in 6 months.
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August 3rd, 2008 at 8:27 pm
[...] Original post by investorsconundrum.com [...]
August 3rd, 2008 at 8:53 pm
[...] Original post by investorsconundrum.com [...]