DJIA Depression pattern?

[LEAPup]

Interesting pattern:

http://www.bespokeinvest.com/thinkb...y-repeating-the-great-depression-pattern.html

 

[jack hershey]

Their scalar measure is incorrect.... lol

what they did is a "hope chart".

 

[charts]

Dow Jones Industrial Average (1900 - Present Monthly)
Dow Jones Industrial Average (2000 - Present Daily)
Dow Jones Industrial Average (1920 - 1940 Daily) ...)

 

[pspr]

According to Daryl Guppy we are repeating the market pattern of the great depression.

http://www.cnbc.com/id/38092759/

 

[LEAPup]

Quote from charts:

Dow Jones Industrial Average (1900 - Present Monthly)
Dow Jones Industrial Average (2000 - Present Daily)
Dow Jones Industrial Average (1920 - 1940 Daily) ...)

Scary stuff!

 

[LEAPup]

Quote from pspr:

According to Daryl Guppy we are repeating the market pattern of the great depression.

http://www.cnbc.com/id/38092759/

I liked, "“Those who don’t remember history are doomed to repeat it…" So true!

You would think SOMEBODY would be beating Odumba over the head with charts (and fiscal HISTORY!!!!!!!!!!!!!!!) pointing out that he is about to be an ABSOLUTE one-timer!

"Well Stanley, it's another fine mess we've gotten ourselves into." (i.e., spent ourselves into... :eek: )