Tuesday, October 30, 2007

Every Picture Tells A Story

Dow Jones Industrial Average, 1960 - 2007 (source: StockCharts.com)
My brother sent me this. Just imagine what it would look like if the chart wasn't using a logarithmic scale. Which way from here?

3 comments:

James Higham said...

OK and the point, Sackerson?

Sackerson said...

Good evening, your Lordship. My brother sees it as a comment on Reaganomics; others would see it as the inevitable result of coming off the gold standard; still others, that what goes up... Anything that has risen that far that fast is a worry.

Nick Drew said...

Ah yes, but the timing Sackers, the timing !