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SPECIAL REPORT
 

 

 

PROFIT STRATEGIES FOR THE CRASH OF 2008

 

When  the dust settles from market actions and specifically, the torrid decline in October of 2008, many will look back an reflect on the events at hand with exasperation.  However, for a select few, they will actually look back and know that the larger "fear based selling" of the broader market created significant profit opportunities that would have never normally surfaced. 

 

The second week of October, 2008 the Dow Jones Industrial Average had lost almost 30 percent since the beginning of the year.  The Nasdaq was down 34 percent, while the S&P 500 had fallen just under 32%.  On Thursday, October 9, 2008, the Dow plunged to the lowest point seen in more than 5-years, losing 679 points, or 7.33%.  As of Thursday evening, major media outlets were attempting to salvage the carnage, with some CNCB talking heads even mentioning that the lows were in.

 

On the same day, the day the barometer of fear through option premiums spiked to 63.9, indicating that an even larger crash could still be brewing.  But there's another factor that many seemed to have forgotten…

 

 

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