Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: The Devil Dog who wrote (45930)	12/3/2000 2:09:21 PM
From: Shack	Read Replies (1) \| Respond to of 62348

Sorry to but in Wayne but actually this chart is only 11 months as well. sharelynx.net I find the chart is very similar to the Nasdaq over the last year. Particularly the double top at Nikkei 33000 (Nasdaq 4200). If it holds true, then the Nikkei rally back to 28000 in August 1990 would correspond with a Nasdaq rally back to 3000. I'm actually more intrigued by what happens to the TSE,S&P and Dow.

To: The Devil Dog who wrote (45930)	12/3/2000 3:54:25 PM
From: keith massey	Read Replies (1) \| Respond to of 62348

however that Nikkei chart is ten years and the naz chart 11 months, simply no comparison Take another look at the time scales. During the 5 year period leading up to the Nikkei crash (1985-1990) the index was up over 400% at its peak. The NASDAQ did a similar run during the last 5 years (500%). The graph I posted on the Nikkei was the 10 month tumble from its peak. sharelynx.net Now take a look at the graph of the Nasdaq for almost the same period. quote.yahoo.com^IXIC&d=1y There are a bunch of very freaky similarities in these charts. Put the charts side by side and run your finger along them and look at each little move and candle. I know if you look at any graph you will see similarities. People have been comparing every run on the NASDAQ over the past 4 years to the 1987 and 1929 crashes and showing how perfect the match only for the market to run higher. However as overlay charts go I have not seen a better match then these two. Almost move for move these charts have matched in both percentage drop, time and shape. Very freaky.