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Tuesday, August 2, 2011
twelve year distribution dome patter emerges with highly irregular inverted peak
This is the greatest development this week that I have come across. The week of March 9th 2003 the lows of the tech crisis in the dow were reached. There then began a major quantitative easing, and rise in the index until 14000 in october 2007. Then a crash to march 9th 2009, exaclty 6 years later. now we have retested 13000 on the dow and came way back from that. On the ten year chart there appears to be a 12 year distribution dome starting march 9th 2003 with an inverted peak march 9 2009 at the 6626 dow low. what is the significance of a twelve year distribution dome with an inverted peak? Comments welcome.
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