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-   -   DOW JONES down 7.7%... on the TEN YEAR graph. Ouch. (https://gfy.com/showthread.php?t=868849)

Socks 11-12-2008 02:54 PM

DOW JONES down 7.7%... on the TEN YEAR graph. Ouch.
 
The stock market was higher on November 13th, 1998 than it is today.

Ten years of growth, poof.

http://finance.google.com/finance?ch...JX:.DJI&ntsp=0

collegeboobies 11-12-2008 02:56 PM

Hehe George Bush is smart

mpahlca 11-12-2008 02:57 PM

Check out since 2001 for some real fun

Ron Bennett 11-12-2008 04:26 PM

See the graph / details at link below about when Dow 1000 was breached briefly in 1972, but it took a full decade for the DOW to finally stay above 1000 in 1982.

http://www.djindexes.com/mdsidx/inde...es&decade=1970

Much of the 1970s / early 80s was a sideways market - bouncing around, but basically go nowhere...

That's basically the same situation which has been occurring the past several years, and shows no sign of reversing anytime soon with even worse likely to come.

Ron

aniloscash 11-12-2008 05:56 PM

the question? are these stocks cheap? I propose that they are not yet cheap thats the sad thing

IllTestYourGirls 11-12-2008 06:16 PM

And we have the highest unemployment since Clinton :(


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