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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: augieboo who wrote (4873)8/7/2002 9:22:25 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Well articulated, Augie. What I really wanted to see were charts comparing the price action in 1966-1982 to what we've seen since 2000. Those charts should be posted and substantiated as directly correlating to the current post-bubble environment in order to make the 1966-1982 comparison valid. I have seen none of that. I've only seen gut feelings.

We've shown direct correlations here.

I don't care about the economic factors. The charts don't care. The Dow dropped, what, 33% in a couple of weeks in 1987? Did we go into a depression? Why can't that happen again? Sure, there are circuit breakers and all that stuff, but they still can't keep a market from dropping half its value in a few weeks, can they?