Markets Recoup Their Losses

From Chart of the Day.com showing what percent of their 2007-2008 losses the major indices have recouped.  Below is their chart and their commentary.

"For some perspective on the post-financial crisis rally, today's chart illustrates how much of the downturn that occurred as a result of the financial crisis has been retraced by each of the five major stock market indexes. For example, the Dow peaked at 14,164.53 back in October 9, 2007 and troughed at 6,547.05 back on March 9, 2009. The most recent close for the Dow is 13,954.42 -- it has retraced 97.2% of its financial crisis bear market decline. As today's chart illustrates, each of these five major stock market indices have retraced over 90% of their financial crisis decline. However, it is the S&P 400 (mid-cap stocks), the tech-laden Nasdaq and the Russell 2000 (small-cap stocks) that have recouped all the losses incurred during the financial crisis and currently trade higher than their 2007 credit bubble peak."

*Long ETFs related to the S&P 500 Dow Jones Industrial Average, The Nasdaq and certain smaller and intermediate indices that may correspond to some extent to the S&P 400 and the Russell 2000 in client and certain personal accounts.  

Link:  Chart of the Day.Com: Certain Markets Recoups Their Losses.