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Armstrong Dow Jones Industrials long way from over-bought (INDEX)


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#1 Russ

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Posted 07 August 2017 - 05:33 PM

"We are by no means overbought and we are a VERY VERY VERY VERY long way away still – no matter how nuts that seems to many. We are well below the 1929 highs still.'

 

US-Share-Market-Overvaluation-Index-July


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#2 dougie

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Posted 08 August 2017 - 01:52 AM

By some measures we are the most overvalued in history

#3 dougie

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Posted 08 August 2017 - 01:55 AM

https://twitter.com/...571799823953923

#4 senorBS

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Posted 08 August 2017 - 06:37 PM

https://twitter.com/...571799823953923

nice chart, what's eye popping besides the extreme valuation per price/revenue is the clean 5 uo from 2009 low, looks like we are in the latter stages of a 5th, interesting



#5 Russ

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Posted 11 August 2017 - 12:36 AM

I will add to this post that I have a projection for the dow to form a significant low in mid to late Oct and for the gold to form a high then.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/