Exactly 4 Years Ago, Late CNBC Host Mark Haines Called the Bottom

The Last Time The Dow Was Here... | Zero Hedge

Food for thought from another blog:

"If you had invested in the Dow in 2007 it's true that you would be even after 5 yrs of no gain, but if you had invested in some of the individual Dow stocks you would still be under water. Boeing was 100, now 78; Bank of America was 55, now 12; Alcoa was 55, now 8; GM was 40, then went bankrupt, was 42, now 36; HP was 55, now 20; GE was 42, now 23; Microsoft was 38, now 28 , Merck was 63, now 43. That's only some of the pain suffered by people who stayed with their stocks. Washington Mutual went bankrupt......you could go on and show how the market was manipulated. Nobody knows how many billions were lost by individual investors who held onto their stocks."

Yep, I have GE, BAC, and Merck. Maybe they will come back.

Damn, are you telling me that all stocks aren't winners?

I can understand the "manipulation" of banks/financial sector. GE was in that category; and GM lost out b/c no one could get credit to purchase, plus huge entitlement costs to unions.

But drugs and computers???