S&P 500 10 years chart

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stlplace
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March 04 1999 to Mar 02 2009, courtesy of Google Finance.

SP500_Mar04_1999_Mar02_2009

Two thoughts pop up by looking at the charts:
1) We probably have not hit bottom yet;

2) The drop in mid 2008 till now is so sharp, 50% in one year 🙁

BTW, I think it’s a good idea to stay away from the market these days. Learn from the Oracle of Omaha.

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