Wednesday, February 4, 2009

How low can you go

I stumbled upon this graph the other day which really stunned me. I have an investment friend, F, and the other day he idly wondered where the bottom in the markets might be. This graph represents the inflation adjusted DJ Industrial average from 1949 to the present. That big dip in the middle is 1982. Draw your own conclusions. Double click on the image to enlarge it.

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