Mike - It's a great graph. BTW, I'm not a chartist, so I can't see any reason the NAS has to fall back to the green line, I just like the graph.
True story: 3 times in the last 2 years I have quit work with the idea of spending 6 months to a year just reading, relaxing and playing the market; a subbatical after 25 years writing computer code. I'm a free lance programmer, so this is easier to do than if I was an employee.
The first 2 times, interesting projects came my way almost immediately so I didn't stay unemployed long. But, each of those 3 times, the market crashed just as I was leaving: Oct 1, 1998, April 30, 2000 (I actually gave notice in January, but a agreed to stay on), and this week. Today was my 1st day off.
So, it is NOT the charts, it is me who crashed this market and I'm really sorry. But, they always recover really fast, so don't worry! ;->>
Regards, Tom |