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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: pater tenebrarum who wrote (1405)11/24/1999 8:56:00 PM
From: fut_trade  Read Replies (1) of 19219
 
Heinz, I've been thinking about this chart from the site:

cross-currents.net

and also linked by:

decisionpoint.com

This guy makes a big deal out of trading volume to GDP -- but all I can wonder is just what is on this guys mind? What has trading volume got to do with valuation?

In terms of forward P/E, valuation seems a little bit on the upside, but nowhere near valuation levels of the late 20's mid 30's.

Message 12035492
fortunecity.com

Any comments would be appreciated.
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