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I've been trading the markets for over 25 years and I'm still cornfused! The only way I've made any money this year is trading options!
Also, in the mid 80's, full service brokers started offering discount broker services for the 'common' man and next in line was internet broker services and everyone jumped on the band wagon. Olde Discount (yeah right) was charging 100 bucks per trade and in short order, went by the wayside. Forgot who bought them out. Ameritrade bought out Daytech in the late 80's iirc. BrownCo got absorbed by Etrade and the list goes on. It wasn't long before they were competing like crazy and slashing prices and everyone was looking for an easy way to make a buck and many did but many lost their asses even in an up market. Imo, the chart is the result of a feeding frenzy. Anyone remember when yahoo was over 250 bucks a share?? WTH was up with that!? Feeding frenzy....
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My AARP card stands for armed and really pissed.
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