ASX 1.50% $63.53 asx limited

warning 2007 crash, page-31

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    Makes rise pre 87 crash look quite tame. However, on log scale this rise is nowhere near the pre-87 one.

    pre-1987 rise from 500 - 2200 = 440%.
    Current rise (taking invasion of Iraq as start) from 2800-6800 = 243% increase.

    As yet the stockmarket frenzy does not appear to have spread to every second person known so maybe time for some more exuberant times before next serious correction (and a push up to 440% increase!).



 
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