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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: jt101 who wrote (715)1/15/2003 12:38:18 AM
From: Dan Duchardt  Read Replies (2) of 1064
 
I remember reading, (in Barrons?), between 1966 and 1980 even though the index values remained the same, with inflation they were down by about 80-90%

Someone on another thread posted an updated version of that chart I mentioned in my other reply.

geocities.com

Estimating the distance from the 1966 peak to the 1982 low to be 60% of the distance from the 1,000 level to the 10,000 level leads to an estimated decline of about 75% in that time frame. I guess your recollection was not far off. The inflation adjustment sure puts the market in a different light.
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