Really? And this passes as analysis??
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVYJLBYxCgOYsVIW-BBfOWcr7W9wNVPIbISeLmlFpHN-4NjzrF-vi9dTsFCR9mFLjOB2sl7HoABSU_pblXozaActccd8a2hLcKNEJIywQob5d-Tu-k48OEGxZ6c7as4Okcm2WWB8mYv5Y/s400/nonsense.jpg)
Look at Clusterstock yesterday. Another "Oh my" chart! Run for the hills. The sky is falling! And the title, "Shades of 1929"
The same story. Wow. What an original idea!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgyl3r7cMLSUvOnIAwMbEGv4eaB_MJyDviC177II3erBq-4Bflzl3pYBk4f1VHi3cPzDBtWFF3Wpv88g8GCyfr2FWvi4vu2Fwc5zdIIf6uwh9AcM5iWzzC4vlwHR4iLfKFE9AN3RM6E4q8/s400/morenonsense.gif)
From the low of the crash of 1987, to the high in 2000, the S&P moved 666%.
Why doesn't anyone mention those figures, since we bottomed at 666 in the S&P?
Because 666.666 x 666.666=4,444 and no bear wants to admit that is where the S&P can go.
In the same 3,141 trading days that it took last time.
That's the pi chart the bears should consider!
1 comment:
Really? These people use old charts and try to compare it to today's and try to predict what's going to happen? Jesus, I hope these people go broke because that must be the stupidiest shit I've ever seen.
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