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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: j g cordes who wrote (31234)3/17/2001 4:24:29 PM
From: paul richards  Read Replies (1) of 69822
 
"It doesn't account for inflation, debt, interest rates, curriencies, or trade."

charts can be made to look anyway you wish. This basic chart strips all adjustments out to show that over the long haul the Dow has never exceeded 1,000 until recently. (is there a "new paradigm" ?) so take the chart for what it is, a warning.

if you're not pleased with long historical charts that aren't adjusted, just look at a recent chart

dogsofthedow.com
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