Friday, April 11, 2014

Find it Humorous … “Not So Bad” in the “long-term”

I agree the market selloff has been weak thus far (especially as a frustrated bear).  However, I find it humorous as some widely followed commentators say things like “You’re only down x% ytd.  It’s not that bad”.  I wonder if this selloff gets worse will they extend to a 12 month horizon since last year was so good.  Immediately makes me think of 1987.

  October 19, 1987 : Today was not so bad.  You are only down 3% ytd.

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Edit:  Ok, I just had to add an interactive version:

 

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