Scary 1929 market chart making the rounds

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

http://www.marketwatch.com/story/sca...ion-2014-02-11

[BoardGirl Senior Member Find all posts View Profile Close BoardGirl]

http://www.marketwatch.com/story/sca...ion-2014-02-11

I wouldn't say Scary so much as Interesting.

The market runs on speculation, investor sentiment. Circulating this kind of thing and calling it Scary makes it likely that many investors will dump starts and sit on the sidelines out of fear. This is ok with me, since I will be able to scoop up some bargains. There are a lot of great companies overvalued so knocking them down a bit on the aggregate fear tide ought to work out nicely for those of us wanting to be greedy when others are fearful.

[bnoble Senior Member Find all posts View Profile Close bnoble]

WSJ had a video blog on this topic just today.
http://blogs.wsj.com/moneybeat/2014/...ook-like-1929/