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Ellis in Wellyland

Friday, August 10, 2007

Crash? What Crash?

Despite what the NZ Herald describes as a "crash" on Wall Street, there is not so much to be concerned about.

Have a look at the performance of the Dow Jones Average over the past three years:



Remember, even after today's fall the Dow is almost 60 points ahead of where it was at the end of last month, and 800 points ahead of where it started the year.

Of course, good news never sells many newspapers.

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