Market Crashes Compared

[cqg]

H/T to PomoProphet for this interesting comparison.

It doesn't show the crash of '87. The market regained it's value in two years after that one. Counting 5 crashes, I've been a working stiff for four of them: '73, '87, '00 and now *this* one.

My poor 401(K).

Comments

Panic of 1873

[shapenotesinger]

These graphs reminded me of an article I found comparing the Panic of 1873 with the current panic. Lots of commonalities despite the 130 year spread. Seems as though the thing we learn from history is that we don't learn anything from history!!

Here's a link: http://chronicle.com/temp/reprint.php?id=477k3d8mh2wmtpc4b6h07p4hy9z83x18