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1 comments:
It is absolutley insane how closely the market environments of 1929-1939 and 1999-2009 mirror each other. If you think about it, the Dow Jones Industrials represented the American industrial economy the best in the 30s. Today the Nasdaq probably represents the American technology/service based economy the best. Check out these charts to see what I'm talking about. Let me know what you think, the similarities are hard to deny.
http://absolute-investments.blogspot.com/2009/12/these-look-familiar.html
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