Stock Market Miracles

In recent years, the stock market has produced its own share of miracle increases and events.

As unbelievable and outlandish as it may seem, in 2004 there was a 100% possibility that any one person could have taken a $200 investment and turned it into a $6.6 million fortune. To achieve this astonishing accomplishment, you did not need to use some risky stock option scheme nor did you have to use some unknown penny stock,. In fact, all you simply had to do was buy and sell common stocks found on the New York Stock Exchange.

Some three years later, in 2007, any person could have learned how to make a 2,411% profit in that year from the coming “Private Equity Boom."

In October of 2008, Wall Street made its largest comeback after having its worst week as it staged its largest single-day stock rally since The Great Depression of 1933, causing the Dow Jones Industrials to make a 936-point gain.

During opening moments at the New York Stock Exchange, stocks opened sharply higher and never looked back. The Dow was up more than 400-points during the start of the trade, and by midday it had gone back over the 9,000 mark that it had gone below the previous week.

For Wall Street, this rally came not a moment too soon. In the previous dismal week, there had been $2.4 trillion in shareholder wealth wiped completely out. Also in this same week, the Dow had been drained of 2,400-points, or 22%. This was roughly equal to the crash of 1987 and enough to establish a bear market all of its own.