Saturday, December 31, 2011

Zero x2

S&P500 has just finished the 2011 at 1257.60, nearly perfectly +/-0% from the beginning of the year (1262.82 at the open on January 3rd, 2011, i.e. -0.0041% to be precise).

It also means that the index virtually didn't move from June 1st, 2001, or 10 years and 7 months before, when it closed at 1260.67.

Welcome to the new brave world of ZERO ;)

Still. ZERO is better than BEAR MARKET declared by Reuters at the beginning of October this year...

Source: Reuters 2011-10-04

Since the low of 1099.23 on October 3rd, the market rallied 11.15%.

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