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The Greek stock exchange lost almost 90% of its value since 2007

 
that's a collapse
User ID: 12747334
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05/08/2012 06:02 PM
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The Greek stock exchange lost almost 90% of its value since 2007
Hello.

I love to look at this chart:

[link to finance.yahoo.com]


It's the chart of the Athens stock exchange in the past 5 years.

Look how it was above 5,000 points by the end of 2007.

Look where it is now.

It lost 90% of its value since 2007. Very soon, it will drop bellow 500 points, and will have a value of less than 10% of the value in 2007.

If you always wanted to know what happens when the stock market of a country loses more than 90% of its value, here is your chance. Just look at Greece. It will happen very soon!

hiding
Anonymous Coward (OP)
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05/08/2012 06:05 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
5a
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05/08/2012 06:06 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
banana2
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05/08/2012 06:08 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
Coming to America
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05/08/2012 06:09 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
banana2
 Quoting: Anonymous Coward 12747334



abomb abomb abomb abomb abomb
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05/08/2012 06:09 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
Coming to America
 Quoting: Anonymous Coward 6988903



Probably yes...
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05/08/2012 06:17 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
bump
Anonymous Coward
User ID: 4315279
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05/08/2012 06:17 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
And all the experts probably kept saying what a great time to buy.
TRYTOFIND AN OLD JAPAN CHART
User ID: 4209518
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05/08/2012 06:20 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
CNBC PULLED ITS OLD JAP CHARTS

AND SO DID CNNFN


WHO REMEMBERS 39,000 AND CHANGE ON THE OLD '87 CHARTS


GOOD LUCK GO FIND ONE IF YOU CAN





GO TRY IT AN SEE FO YO SELF HOLMES
Anonymous Coward (OP)
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05/08/2012 06:21 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
And all the experts probably kept saying what a great time to buy.
 Quoting: Anonymous Coward 4315279



Sure.

Imagine what they said by mid-2009: "Time to buy the dip!"

rofl
Anonymous Coward (OP)
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05/08/2012 06:25 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
When it drops bellow 500, I think it's time for them to close the doors of the stock exchange, and go home.
Anonymous Coward
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05/15/2012 11:17 AM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
When it drops bellow 500, I think it's time for them to close the doors of the stock exchange, and go home.
 Quoting: Anonymous Coward 12747334




Not very distant now: [link to finance.yahoo.com]



Anonymous Coward
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05/15/2012 11:20 AM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
dance
Anonymous Coward
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05/15/2012 11:22 AM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
bump
Anonymous Coward
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05/15/2012 11:22 AM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
abomb
Anonymous Coward
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05/23/2012 12:25 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
ana
Anonymous Coward
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05/23/2012 12:30 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
Mission acomplished:

It IS down more than 90% from the peak now!



The peak was 5334 points, on October 31, 2007.

Today, it closed at 526 points, bellow 533:

[link to finance.yahoo.com]



Game Over.

90% of market value LOST!
Anonymous Coward
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05/23/2012 12:31 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
bump
Anonymous Coward
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05/23/2012 12:33 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
That's because their entire economy was propped up by government debt. Just like the rest of Europe and the US.

Greece is just a sample of what's to come to Europe and the US.

They are checking it out to figure out what to do here in the states when the shit collapses.
Anonymous Coward
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05/24/2012 12:15 PM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
bump
Anonymous Coward
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06/05/2012 11:11 AM
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Re: The Greek stock exchange lost almost 90% of its value since 2007
When it drops bellow 500, I think it's time for them to close the doors of the stock exchange, and go home.
 Quoting: Anonymous Coward 12747334



What did you say?

Look:

[link to finance.yahoo.com]

Oh, no!





GLP