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Similarities to 1929, 1987, 2000 & 2007 in play says Joe Friday 

By: capt_nemo in POPE IV | Recommend this post (2)
Sat, 03 Mar 18 9:15 AM | 72 view(s)
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The 2-pack above looks at the Dow from two different time frames. 100-year look back on the left and 35-year look back on the right. As you can see the Dow is in a very strong and well defined rising bull trend! Nothing of late has changed that!!! The strong rally since the 2009 lows has the Dow back at the top of this quality rising channel, attempting a breakout.

The left chart reflects that momentum is at levels seldom seen in the past 100-years. Other key times momentum was this high was back in 1929, 1987, 2000, 2007.

Joe Friday Just The Facts Ma’am- Bulls prefer to see breakouts, not selling getting started at (1)!

The 9-pack below looks at key stock indices around the world-

http://www.zerohedge.com/news/2018-03-02/similarities-1929-1987-2000-2007-play-says-joe-friday




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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