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a healthy sp value ?


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#1 andr99

andr99

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Posted 12 April 2010 - 12:51 PM

I have made three counts. After the bursting of the 2000 bubble the sp took four years to surge from its 768 low to about 1382 which represents a +80% gain from the low. Guess what...............it has taken just one year to surge from 666 of march 2009 to actual 1200 which is 80% gain. In other words it has gotten in one year what previously it took four years to get. Nasdaq and nasdaq100 are down a mere 15% from their 2007 tops.......................................Just one word.....................another bubble instigated.................it is going to end in the worst way. There's no way that after a financial disaster that has made brands such as GM, largest world automaker, nearly disappear and brought to BK large banks, the indexes can recover so much in so little time. The higher they push the lower we go.

Edited by andr99, 12 April 2010 - 12:53 PM.

forever and only a V-E-N-E-T-K-E-N - langbard