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Friday, June 6, 2008
U.S. Stocks (DJIA) versus Indian Stocks(Sensex) .....graph analysis
I'm comparing this graph (Graph source: yahoo.com) Indian Stocks (Sensex) versus the U.S. Stocks (Dow Jones Industrial Average).
Red line = DJIA
Blue Line = Sensex
Note that the graph is a linear one, not logarithmic.
Well, I find something fishy over here.
Sure, the Indian economy IS GROWING at a fast paced, blistering rate. The U.S. economy is slowing down.
But is the DIFFERENCE so great ????
And this is a percentage % increase graph.......so that's why I think the Indian stocks are quite ..................
Note the extremely SHARP RISE OF THE GRAPH AFTER 2005 !
Just too steep a gradient. Beats me......