Higher Highs and Lesser Lows

1981-1982 (dropped 24% peak to bottom) but recovered since...
1987-1988 (dropped 36.1% peak to bottom) but recovered since...
1998-1999 (dropped 19.26% peak to bottom) but recovered since...
2000-2003 (dropped 32.3% peak to bottom) but recovered since...

In the peak of the last downturn, the market was 11,215 and fell to 7,591. (2000-2003) but recovered since...

This time in 2008, the peak was 14,093 and fell to (Nov 4) 9,625. will we recover? Hmmmm.......No brainer !!!

Yes I know it's been a rollercoaster ride in the month of Oct 2008
Oct 1 10,831
Oct 27 8,175 (LOWEST ALREADY OK?)
Oct 31 9,336
Nov 4 9,625
At the eve of USA elections. Will the new government be able to instill confidence in consumers? Historically, some direction is better than no direction. As soon as the consumers feel as sense of direction, the market will be revived.

And if it doesn't... yes it's the end of the world. Make sure you have a good relationship with God, Jesus Christ, because then we will be meeting Him real soon after the ARMMEGEDON..ok?

Give me a break!!!