Look at the peaks and valleys on a percentage basis from high to low.
Take note the close on January 18, 1966 was 93.95. The close on August 12, 1982 was 102.42.
The market moved about 10 percent in 16 years.
Also notice, on October 10, 1975 the price closed at 62.28 down from a high close on January 5, 1973 of 119.87
So for 16 years the market went up and down but basically went no where.
Remind you of anything?
Also see, S and P 500 All Time High March 23, 2000 Historical Chart and Perspective
Original content Bob DeMarco, All American Investor
No comments:
Post a Comment