I'm surprised at the upward activity the past week or so. All of the pros are saying stay away, that the latest economic data suggest Japanese banks are in more trouble than ever, that Japan will not be able to keep prices low enough to be competitive on the foreign market. Add to that the continual second and 3rd best quality ratings of products released by the company that at one time seemed destined to own US National Parks, Hawaii, and Disneyland--i.e. Sony--and this slump could be no better than the half way point. Give it another 20 years. Now I'm buying Sony for no better reason than to support an underdog (there are times that the top 25 best-selling TV sets on Amazon are all Samsungs).
you're using gdp from 2008. 2009 gdp will be approximately $12.9 trillion and totals mkt gap at the close is$11.3 trillion. so that over 90% of gdp. before th 1929 cras te mkt was trading at 75% of gdp.over history 50% OF GDP IS NORMAL