Japan 1991 Comparable to U.S./World 2009
Contrahour has posted a couple of charts showing a comparison of the Nikkei post-Japan real estate bubble pop and the NASDAQ post-worldwide mega real estate bubble implosion. There are similarities up to this point in that Japan had a 23% rally off the bottom only to fall back again; which is what the bears have to be hoping for.
Click on charts for larger images:
Source:
http://www.contrahour.com/contrahour/2009/06/if-youre-bearish-1991-nikkei-redux.html
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