World Stock Market Performance/Last 6 Months

World Stock Market Performance in the Last Six Months

Sep 12, 2009, 11:34 PM

The U.S. stock market had its best six months since 1933 with the S&P’s 500-stock index gaining more than 50% from March 9 to Sept. 9.

As this NYT graph shows, when compared to other major stock indexes, the U.S. market was one of the least volatile markets in the world. We did better than most on the way down, but worse than most on the way back up. Looking at the graph however, this cycle has done little to reinforce the international diversification approach to investing as a safe notion and strategy. As you can see from the numbers, balancing the risks of investing in any one market would have been quite ineffective.

http://wallstreetpit.com/wp-content/...9/image096.png

Made very good money playing the Indonesian market. Many of the stocks are still undervalued, though I would wait for the dip that would be coming. Looking at Bumi Resource, once that dip happen, I'm coming in.

Arya,

Bumi Resource was IPOed at 4,500 in July 1990 and is presently 2,750? Good grief!

Priced at 8,500 in June 2008.

Just goes to show how much of an impact the meldown had.

Anyway can foreigners trade stocks on the Jakarta stock-exchange?

Yes, foreigner can trade stocks in JSE. As for Bumi, that's half of the story, it actually went down to 800 I think. I came in at 1,000 and sold at 2,000. Doubled my investment in less then 2 months. Not bad at all.

Looking at INCO right now, selling at 4225, target at 4900.

Arya,

Who is your broker and what are the brokerage & JSE costs. What kind of research is available at the broker?

http://ca.finance.yahoo.com/intlindices?e=americas

I try to find commodities live quotes and charts.
Do you know some good links?

Constin