20081124

Thw WIG Index had a impressive rally today (+6.21%), but it's too soon to say what's going on:



I would also point to interesting approach by Wojciech Bialek from his blog (here via Google Language Tools). It seems the DJIA Index has broken 50% drop just once in history during the Great Depression. That suggest we are near the 50-60% area where the bear market should end.

Sources:
[http://wojciechbialek.blox.pl/2008/11/80.html (via Google Language Tools)]