Your "Crash 1" arrow points at 9/11, it should point at the preceding "crash/drop" if you are referencing the result of the Y2K liquidity pump...
Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...
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Your "Crash 1" arrow points at 9/11, it should point at the preceding "crash/drop" if you are referencing the result of the Y2K liquidity pump...
May 21 14:50 pm
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All Comments by HCSKnight »Laszlo Birinyi thinks U.S. stocks are at the beginning of a bull market, and the S&P 500 could advance as much as 88% in the next 2-3 years. [View news story]
Also, to bounce along the 25yr line would not factor in the world/emerging markets growth that was, during the 80s, did not nearly make up the % of world GDP as it does now. Of course, the US during those years were not laboring under a credit correction...