42 replies to this topic

[fib_1618]

Now we are back to why I believe you have to look at inflation adjusted plots.

Point taken and appreciated.

However, the idea of wealth creation is that you constantly keep your money working (or growing) for you.

If one does that, you will always stay ahead of the rate (or decay) of inflation...or at least keep up with it.

This is why it's important to just follow bigger money and take score later on...one can not worry about things that they can't control by evolution.

Fib

[CLK]

Is there anywhere you can see an AD line for the Aussie market?

It will be introduced sometime this week at Technical Watch.

The only function of economic forecasting is to make astrology look respectable. John Kenneth Galbraith.

I happen to like...

"An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan

This was a primary bull within a secular bear.

Is it?

Fib

The VLE is in the same setup as NYAD, what it signals to me is that eventually we could
hit new ATHs but not before the 09 lows are taken out.

[fib_1618]

The VLE is in the same setup as NYAD, what it signals to me is that eventually we could
hit new ATHs but not before the 09 lows are taken out.

Given that you believe that the VLE has the same set up (or characteristic) as that of the NYAD line, which would also mean that it has correlated closely to the direction of where money has taken it over the last 20 years in which the chart provides, would it be reasonable to expect the 2009 price lows be taken out if the direction of this same money flow quotient, and its leadership, is not providing this expectation of being accomplished?

Fib