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120%                                                                          100,000




   100%




                                                                                           Dow Jones Industrial Average
       80%                                                                       10,000
Pain




       60%




       40%                                                                       1,000




       20%




       0%                                                                        100
             Jun-87




                      Jun-92




                                       Jun-97




                                                               Jun-02




                                                                        Jun-07
                               Investor Pain Index   µ   Dow

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