Safehaven | The "Did You Know?" Series, Part One: Stocks

January 27, 2005

The "Did You Know?" Series, Part One: Stocks
by Douglas R. Gillespie

The "Did You Know?" Series, Part One: Stocks

Summary

Did you know that from its 1973 high to its 1974 low, the Dow Jones Industrial Average fell 45%? It is what came afterwards that could be helpful in assessing the stock market's current prospects.

About the "Did You Know?" Series

In coming weeks, I will be writing some articles under the umbrella of, "Did You Know?" Most will be relatively short pieces about various financial-market matters I believe readers will find of interest and potential benefit. These will be clearly referenced as part of the overall series and posted at the GRA website, www.gillespieresearch.com/. More than likely, the next installment of "Did You Know?" will examine corporate debt and interest rates, and the impact interest rates are likely to have on corporate profits going forward.

http://www.gillespieresearch.com/cgi-bin/s/article/id=433

Douglas R. Gillespie, Sr.
Gillespie Research Associates
165 Sheridan Avenue
HO-HO-KUS, NJ 07423
201-447-5743

Doug Gillespie oversees his own financial-market and economic consulting firm, Gillespie Research Associates. For a complimentary sample of Dougs material, e-mail him at drgillespiesr@aol.com.