oops, you are right.
well, in my first chart the stos don't really line up identically to today. then look at a one year of the 1999 period in your second chart
stockcharts.com[h,a]waclyiay[d19990110,20000110][pc9!c13!c20!d20,2!h.02,.20!c50!f][vc60][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll14!Lo14!Lb14!Le5,10,1!Lc10][J8396919,Y]&pref=G
the first bounce of the 50 generates a big move. in the second bounce, there is hardly any move until a couple of months later. the graphs of the stos also have different structures.
you may be right, I just don't think it's conclusive |