STI today closed at 2,633. A new low

How low and how many days more to go before hitting bottom?

Let look at STI history

Asian Financial crisis: STI down from 2,504 to 800 (-68%) and lasted 941 days

Dot.com crisis: STI down from 2,582 to 1,197 (-54%) and lasted 680 days

Sub-prime crisis: STI down from 3,875 to today closing 2,633 (-32%) in 329 days

So we are only half-way through ... more pain to come.