Charting Down Under: The Australia All Ordinaries Index

---

June 7, 2011  updated by request 

What would the S&P 500 look like without the Tech Bubble? Perhaps something resembling Australia’s All Ordinaries Index. I’ve included the S&P 500 in the background to support the idea.

There are some who might view the All Ordinaries dramatic 56-month rise to the 2007 peak as a bubble. While the Old Ord may indeed have become frothy, it’s no match for a couple of historic bubbles. More…