Are We Back To Pre GFC Levels?

22 October 2013 | Australian Shares, Business, GFC, Something that may only interest me, Tips, US, Who's done what

With the strong growth in the US and Nasdaq share markets you would think that our market would also be hitting all time highs.
However below you can see we have a way to go!

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Movement since highs and lows of this cycle												Gain
												Still
												Needed
	BoD	Cycle	Gain	Cycle		Cycle	%	Cycle		High to		To Recover
	23-Oct-13	Highs	-Loss	Highs		Lows	Gain	Lows		Low		Highs

ALL ORDS	5371	6873	-22%	01-Nov-07		3091	74%	10-Mar-09		-55%		28%
ASX200	5373	6851	-22%	01-Nov-07		3121	72%	10-Mar-09		-54%		28%
NZX 50	4832	4334	11%	15-Oct-07		2411	100%	03-Mar-09		-44%		-10%

DJIA	15468	14280	8%	11-Oct-07		6440	140%	09-Mar-09		-55%		-8%
S&P 500	1755	1576	11%	11-Oct-07		667	163%	06-Mar-09		-58%		-10%
NASDAQ	3930	2862	37%	31-Oct-07		1266	211%	09-Mar-09		-56%		-27%
FTSE 100	6696	6752	-1%	15-Oct-07		3461	93%	09-Mar-09		-49%		1%

BoD – beginning of Day
Numbers quoted are the closing numbers on the previous business day. (22nd October 2013)
Source: ASX,Yahoo Finance & RBA (Currency-4pm)

Posted in Australian Shares, Business, GFC, Something that may only interest me, Tips, US, Who's done what

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