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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who started this subject6/29/2002 1:37:52 AM
From: Jeff  Read Replies (4) of 30712
 
6-month review.....

heres the nasdaq this year....from 2098 top to 1375 bottom...

stockcharts.com[h,a]daclynay[d20011230,20020629][pf]&pref=G

heres the retrace comparison.....from 2028 top to 1375 bottom area....

stockcharts.com[h,a]daclynay[d19970528,19980722][pf]&pref=G

retrace chart 14 months....nasdaq 6-months.....

nasdaq is 27 months into its retrace....dow took 35 months.....

if 800 area is the bottom....heres whats left of the retrace....roughly 26 months....

stockcharts.com[h,a]daclynay[d19950401,19970628][pf]&pref=G

and to keep pace with the dow....nasdaq has around 8-months to get there....

you can see why you can show this to most people....put it right in front of them....and they still don't get it....

its not retracing time wise from 1998 backwards.....but it is retracing close to price wise....and thats all that matters....

the 6- months this year is a stunning comparison....and nobody on these threads even talks about it....

i guess its the ego's of the guru's who looked everywhere but to the most obvious of answers.....

i guess sometimes the most obvious and simple things are the hardest to believe....

oh well....
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