RE: [RT] Nasdaq - DJ 1928 - Nikkei 1989 Comparison Chart

[Gene Pope <gene@xxxxxxxxxxxxx>]

You know for a bunch of smart guys, y’all really  don’t know how to read. If you open the tiny little graph in a browser (you know by double-clicking it… you know how to do that right?), at the bottom of the web page (y’all have to scroll down a little to see it… Oh wow, looky that…) you’ll see three choices of image size: “Medium, Large, and Original”…    Gee, I wonder what “original” means?? Oh my goodness, look at how big and bright and clear that is… I’ll be darned!!

 

OK, my razz is over… don’t hit me!! :-)

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Pete Lieber
Sent: Thursday, May 28, 2009 7:22 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] Nasdaq - DJ 1928 - Nikkei 1989 Comparison Chart

 

I'm re-sending the previously sent chart to see how much clearer it is.

---

To: realtraders@xxxxxxxxxxxxxxx
From: bobskc@xxxxxxxxxxxx
Date: Thu, 28 May 2009 01:43:40 -0400
Subject: Re: [RT] Nasdaq - DJ 1928 - Nikkei 1989 Comparison Chart

Ok, I set the site to allow attachments to be displayed in the body of the mail.

 

Bob

On Wed, May 27, 2009 at 10:24 PM, Clyde Lee(swb) <clydelee@xxxxxxxxxx> wrote:

 

I do not know what is wrong with the moderator.

 

It is a simple matter to change the parameters of the

list to allow attachments to emails rather than have

a poor example of them stored on site.

 

Please Bob, wake up and fix this problem.

 

Clyde Lee

----- Original Message -----

From: Pete Lieber

To: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, May 27, 2009 9:17 PM

Subject: [RT] Nasdaq - DJ 1928 - Nikkei 1989 Comparison Chart [1 Attachment]

 

Attached is a chart comparing three averages - the DJ-30 of 1928, the Nikkei of 1989 and the NASDAQ of today (1999 to present).  I converted the data of all 3 averages into percentages of their previous all-time highs.  While there is no longer much correlation as to market cycles, there is one glaring conclusion one may draw from the comparison - that this market will probably take a longer time to recover than most people can imagine.

Which path will the market take?  That of the 1929 market, where the lows happened early in the cycle or that of Japan where a new lower low is ahead of us.

An interesting sidelight to the chart, each of the 3 markets hit 50% of their previous all-time high 1877 trading days later.

 

 

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