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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: deathandtaxes who wrote (61913)5/5/2002 4:25:05 PM
From: TREND1  Read Replies (2) | Respond to of 99280
 
BUY for the long term !



To: deathandtaxes who wrote (61913)5/5/2002 5:44:53 PM
From: LTK007  Respond to of 99280
 
fascinating chart, but all trends do have reversal points, and this could well be it.
Max p.s. i can also perceive a rational for this reversal of that trend coming now, you will see since the 50plus level it has been a freefall. If indeed the 50plus was the maximum stretch point it follows the recoil will send the 1950 through 2001 uptrend channel into history's back pages.



To: deathandtaxes who wrote (61913)5/5/2002 10:21:40 PM
From: Jdaasoc  Respond to of 99280
 
what you see when you look at this chart

I can mentally fill in S&P price over last 5 years but very fuzzy on the time frame that comprises the other 90% of data on your chart.
Where does S&P Price chart look like superimposed over your S&P earnings chart. Oversold or overbought.

I think you may have to plot S&P price on log chart to account for the bubble over last 5 years. <g>


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