Jump to content



Photo

Melt Up in Progress?


  • Please log in to reply
21 replies to this topic

#21 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

Posted 04 February 2007 - 03:53 PM

Best to you and may all your dark "rags" have buttons and bows.

Yes, the bears might indeed have something to growl about in the fall...but from what price level? We'll see how things go.

Thanks Scott for the additional charts and insight.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#22 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

Posted 04 February 2007 - 05:05 PM

It would be interesting to see historical charts of certain timeframes as compared to now

Here's the A/D data from 1980 that should provide the longer term perspective you may be looking for.

Even by casual observation, and in spite of the fact that many NASDAQ stocks have polluted and slowed the progress of the SPX, it's just a matter of time before we see new all time highs in this index...and beyond.

Fib

Posted Image

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions