Martis, I think your Dow chart needs some 90's contextual clarification:
- emergence of householders having double incomes which supports higher consumption and debt
- productivity gains through the 90's
- emerging economies adding to Western company profits
Does your 4,000 target take these in to account?
johnaus - garden variety correction wednesday, page-42
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Last
7,777.7 |
Change
95.700(1.25%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.0 | 7,795.1 | 7,682.0 |
| XJO (ASX) Chart |