DOW back to 4000? | Forex Factory

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DOW back to 4000?

  • #1
  • First Post: Dec 28, 2010 6:40pm Dec 28, 2010 6:40pm
Yearly chart of the DOW. Not much of a shampoo person myself, but a yearly chart nonetheless.

DOW back to 4000?

Let's talk again in 10 years... LOL
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  • #2
  • Dec 29, 2010 2:06am Dec 29, 2010 2:06am
Quoting sebohsj
Yearly chart of the DOW. Not much of a shampoo person myself, but a yearly chart nonetheless.

DOW back to 4000?

Let's talk again in 10 years... LOL
http://img521.imageshack.us/img521/9420/dowy.png


looks a real fun level, lots of orders there to stir up something im sure
Never said I was Batman,all I'm saying is you'll never see us together.
  • #3
  • Last Post: Apr 7, 2011 2:58am Apr 7, 2011 2:58am
In Turkey, 1982-2005, the stock market went up over 2,000,000%... about 66%/yr compounded. For those "lucky" enough to have been fully invested for the entire ride (and not accounting for taxes)... they STILL LOST 98% OF THEIR BUYING POWER IN THE DEVALUATION.

Just before the devaluation in 2005, a cup of cafe coffee cost 3,000,000 Turkish Lira. After the devaluation, a cup of coffee cost 3 New Lira... the devaluation was 1,000,000:1, lopping off 6 zeros.

(Recalled from memory... look it up if you find this astonishing.)
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