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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X10/6/2008 2:06:21 AM
   of 6865
 
Bonds versus the stock market

stockcharts.com

the above chart is a comparision chart and is comparing the long bond against the whilshire total market index of 5000 stocks.

the reason that I draw attention to this chart is that it gave a good signal of when the bear market started and actually a little early.

What it is showing is that if channels are important and one has formed to the parameter that I have put on the chart we are at the top of the channel and at least a temporary top should be expected.
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