Here's a fantastic little graph of the Australian share market's movement over this last century. Be careful making assumptions about scale of movements from the graph - look across to the right to see the logarithmic scale that pertains to the value of the index.
http://www.asx.com.au/products/pdf/share_price_movements.pdf
It looks pretty stable and smooth recently doesn't it! But look at the scale on the right and you realise than movements of a few hundred points would hardly register now, yet were very significant 30+ years ago...
Keep reading through what the ASX website offers - it is a great resource... http://www.asx.com.au/about/asx/history/share_performance.htm
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