The current price action in the S&P 500 is eerily similar to the movement leading up to the collapse in 1987... (via Bloomberg)
The Dow is also tracking this move almost perfectly over the last two years. (more)
Saturday, November 10, 2012
The Eight Scariest Charts For Equity Bulls
It would appear Mark Twain's infamous quote that "history does not repeat, but it does rhyme" has
never been so apt. The following eight charts suggest the rhythm is
getting louder and louder. How is it possible? It's nonsense? Well at
the heart of the markets, it is still us humans and our endearing greed,
fear, and heuristic biases that drive the flows... trade accordingly.
The current price action in the S&P 500 is eerily similar to the movement leading up to the collapse in 1987... (via Bloomberg)
The Dow is also tracking this move almost perfectly over the last two years. (more)
The current price action in the S&P 500 is eerily similar to the movement leading up to the collapse in 1987... (via Bloomberg)
The Dow is also tracking this move almost perfectly over the last two years. (more)
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