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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sun-tzu who wrote (141152)1/1/2002 11:41:20 AM
From: John Madarasz  Read Replies (1) of 436258
 
ST,

all my charts are log unless noted, and i agree completely it's good to flip back and forth between arithmetic and log to see what the other camp might be looking at...

here's another dated chart, a weekly, showing your line, i like to refer to that 1990 T/L always too...

stockcharts.com

i think it will hold the index in check, and the upcoming tank will set up the lower boundry of the range to come... a very large broadening trading range defined by the big H/S neckline, and the lower trendline yet to be defined... pretty much like the NIKKEI

almost all the longterm world index charts have a ways to go before giving back all thier mania gains...like they almost ALWAYS do.

ie: longterm global recession
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