The charts are all quite different but 1997 looks the closest, a low in the first part of the year followed by a high into the summer then an Aug. low and then a bigger high into Oct. If history rhymes the we could expect another high or test of previous, before the late Dec. low that Airedale88 and others see coming.
http://bigcharts.mar...&mocktick=1.png
http://bigcharts.mar...&mocktick=1.png
http://bigcharts.mar...&mocktick=1.png
1987 1997 2007 Compared
Started by
Russ
, Oct 19 2007 10:54 PM
2 replies to this topic
#1
Posted 19 October 2007 - 10:54 PM
"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/
"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
Posted 19 October 2007 - 11:36 PM
Sometimes you have to throw the charts away and ask what is the difference this time? For hard data use breadth, advancing volume vs. declining, highs vs. lows, etc. Then ask what happened in the past in similar circumstances? The meaning is what it seems to mean, but feeling the way it does....( I think that is a song, .. no, a poem) Anyway, think big and check your emotions at the door please......
Good luck is with the man who doesn't include it in his plan.
- Graffitti
- Graffitti
#3
Posted 19 October 2007 - 11:56 PM
Sometimes you have to throw the charts away and ask what is the difference this time? For hard data use breadth, advancing volume vs. declining, highs vs. lows, etc. Then ask what happened in the past in similar circumstances? The meaning is what it seems to mean, but feeling the way it does....( I think that is a song, .. no, a poem) Anyway, think big and check your emotions at the door please......
I have the breadth on the charts and I was not aware that I have brought my emotions in the door. It is just a comparison.
"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/
"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/