The Dow Jones & Historical events ( a series of interesting graphs)

[SoCalDem]

http://blog.tophomemortgageloan.com/tag/equities/
also note that the Dow did not even HIT 1000 until 1972..

............................................................


The 70’s where another very interesting time frame. The Dow Jones had reached an all time high of 1050 at the end of 1972. Since hitting that mark, oil prices had spiked upwwards drastically due to heavy hand of OPEC. Near the bottom, Nixon had resigned bringing in Ford to save the economy. The economy had quickly dropped 50% and just as quickly had made up those lost numbers by doubling. After reaching the all time high again, the Dow had sloped back downwards to end at approximately 850. The total growth through the 70’s was only 5%.



This was the beginning of a new era in the stock market. This was the era of the bull market and this would be only the beginning. The gains would be great during this era with only one set back in 1987 where the Dow Jones lost close to 1000 points within a short duration of time; however, even with such a great collapse, the market still gained 267% during this time frame.

snip..... click the link to see the rest.. starts w/ 1895

[zeemike]

1. This reminds me of the industry of gambling.

they want the suckers to believe that those numbers on the slot machine come up randomly...well they don't.

And in the market the ups and downs are not controlled as much by events as by the ones that manipulate the prices....the events are just used as an excuse to move the market up or down, because someone makes money no matter which way it goes.

[Hannah Bell]

2. the market high with commodity (oil) inflation following sounds familiar.

interesting.