[Archive]

Posted By: Greg Ecklund

Frank,
The only problem is that the economy has been doing well by most any measure while baseball cards have been booming. The markets haven't been down, at least since 2003, and a great deal of appreciation has taken place in baseball cards since then. The Dow was below 8000 in early 2003 and today sits at 11,381 while the Nasdaq went to 800 and now sits at 1576. Both rallied tremendously off the lows for most of 2003 and we have been up about 10% since - not great for the last few years, but not a down market.

Those who were sitting in tech stocks that they bought during the tech bubble probably didn't feel the market increase all that much, but it did happen to those who were in energy, industrials, and financials.