The Doh Jones has hit levels not seen in nearly 12 years.
One only needs to look at the graph above to realise that it was always a good ol' fashioned bubble.
Still there is some good news... it will have to fall another 1500 points to reach levels not seen for 13 years, phew.
2 comments:
That's a visual no-brainer. That graph represents an exponential curve. All systems that enter an exponential curve collapse. The Dow will reach new lows, rest assured.
Hi fool,
Yep, the boom days are over and I can imagine alot of ordinary folk (with dodgy pensions) are feeling well and truely suckered.
Without any new babyboomer cash to enter the market I can't see any recovery for many, many years.
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