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hope this post doesn't violate the group's rules
in 2007 a lot of people were writing about the possible double top forming
in the SP ? i discovered lately
at first i thought it was only the SP that double topped but also found Dax
30 and Cac 40 also doubled topped, but not the other major world indicies
i looked at
if any index were to double top i'd have thought it to be those with the
relatively small quantity of stocks - Dax, Cac, but not the 500 stocks in the
SP index, and then there's the DJIA which also didn't double top
so why in particular the SP500 ? did it have anything to do with the P/E ratio or
emini trading ? why the SP500 index/stocks/companies and not say the Russell 2000 ?
Wallace
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