This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
I've got something that even more ho-hum.
ReplyDeleteSo ho-hum that one might even be able to make the case that we've already seen a multi-year A-B-C correction on the OEX.
Always a good idea to keep in mind where we are long term. ;-)
http://img508.imageshack.us/img508/8454/oexquarterly020911.png
The DJIA is more complicated, but we'd be talking about a multi-year expanded flat here.
ReplyDeletehttp://img834.imageshack.us/img834/7883/djiamonthly020911.png