Wednesday, January 21, 2009

Chart of the Day: Financials back to '96 Level


Ouch! Financials have now lost the gains of the last 12 years. This chart tells it all. If they are anything like tech stocks from 2000, they'll have a decent bounce but won't reach that peak level for a long time. Eight years later and tech is no where near that 2000 high.

No comments: