The TSX 300 over a 10 year periodThis morning on the radio they were quoting someone within the financial sector as saying, "The light at the end of the tunnel is a train ready to hit us at 100 mph.". How encouraging... I'm glad I blew all my money before the bottom dropped out of the stock market. However, now making that back is nearly impossible.
3 comments:
the chart seems pretty typical, we climbed to an unrealistic high which is followed by a sharp plummet, seems like every other recession we have had over the last 90 years :P
probably would have happened sooner if it werent for 9/11 which ius what that other large drop is in the 1st 3rd of the chart
Actually, I believe the other large drop in the first 1/3 of the chart is the tech bubble bursting, while only a relatively small blip happened part way through 2001 due to 9/11.
true...forgot about that pesky tech bubble...
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