Share/Stock prices

Just got a mail from a broker.

Dow Jones industrial average reached 13,500 just before the bubble burst mid 2008,
Dow Jones crashed to 6,900 (after Lehman Bros went bust).
50% drop.
Today the Dow is at 9,500 which is a gain of 38%, from 6,900 low.

FTSE 100 average reached 6000 just before the bubble burst mid 2008.
FTSE 100 average crashed to 3,200 (after Lehman Bros went bust).
Nearly 50% drop again.
Today the FTSE is at 4,900, which is a gain of 55%, from 3,200 low.

Interesting stuff.

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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets - this is a hard sporting event and hard work wins it" - Armstrong 2005 TDF
morelike hypocrisy.

hmmm.
profit taking and then re-investing?

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"Kick over the statues and the tyrants die. Wave bye bye to their heroes with a hammer."
--The Redskins, Kick Over the Statues