The Mudcat Café TM
Thread #87914 Message #1652762
Posted By: Ron Davies
21-Jan-06 - 10:29 AM
Thread Name: BS: Stock Market returns to Pre 9/11 levels
Subject: RE: BS: Stock Market returns to Pre 9/11 levels
Well, well--look how long that market recovery lasted--the market is under pressure from a lot of factors--especially the price of oil, which is of course influenced by events regarding Iran.
Added to which, Guest G--if you have a fund that has returned to levels 5 years ago--that tells us very little. That would be sometime in 2001-big difference between the beginning and end of that year.
And the Dow low was not "mid-2001", but--obviously--after 11 September 2001.