Comparing market performance after big crashes…
![](https://4.bp.blogspot.com/_6QplrYSpY1U/S5dX7gBI93I/AAAAAAAAKXM/Y8ybJKDPi6A/s400/afterbigcrash.jpg)
(click to play video; source: FT)
The pattern is the market usually go on sideways for a VERY LONG TIME after big crash. This offers a sober lesson for those who got too excited in predicting a robust recovery.