Monday, November 17, 2008

Crazy markets, the historical perspective

Calling all market stat junkies. Do go to the linked site (check out the bear market charts) and a big 'ol hat tip to the folks at Alphaville.
From FT Alphaville:

...Dshort.com has a nice table of historical intraday volatility on the Dow since 1928. Over the 80-year period, average intraday volatility is about 1.8 per cent, according to the web site. But, there have been 64 days when it exceeded 8 per cent and 14 of those have happened since Sept. 29, this year....

...

Dshort.com