Fast-forward 20 years later, and here we sit, facing the crash's 20th anniversary. It's no wonder the history books are out and comparisons are being made between today's environment and that of two decades ago. Yes, it's natural to reminisce on anniversaries, but the comparisons between then and now are somewhat eerie. However, a resultant prediction of a pending crash would still be difficult to make, notwithstanding
the chart below showing the simple Dow chart patterns for the two periods.
You have probably seen this chart, as it's made its way into many an investment blog and newsletter. What many fail to add, however, is that although the price movement comparison is quite similar, the percentage change for the two periods is not at all similar.
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