Nikkei/SP500/Nasdaq

D

Dustin

Every 6 months or so I have updated this comparison chart of the three indexes. The chart shows the indexes as a % lost from the top of each bubble. The similarities are still striking...

According to Nikkei we are actually in for a decent rally in the next 6 months...only to be followed by further downside.
 

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Wow do they look alot alike.

However, don't forget that the 1929/1987 Dow overlay was almost a perfect fit as well. until 1988, then it went in a completely different direction.
 
Quote from WDGann:

Nice stuff!
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yes, was there any event in history which occurred on the nikkei that corresponded timewise to Sept 11? I only ask because the 9/11 lows fit in nicely with the nikkei. So maybe our lows were event driven or maybe they were just sort of predetermined coincidence. You know what I mean.
 
Quote from profitseer:

yes, was there any event in history which occurred on the nikkei that corresponded timewise to Sept 11? I only ask because the 9/11 lows fit in nicely with the nikkei. So maybe our lows were event driven or maybe they were just sort of predetermined coincidence. You know what I mean.
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The market was already following that S&P pattern in the days ahead of Sept 11th. IMO the charts would still look very similar had the event not happened.

Quote from SethArb:

market for a number of yrs and then fall again like the nikkei
does a few yrs after your charts ends :eek:
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Here's the updated chart with the Nikkei ending yesterday...
 

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The second chart looks better.
The Nikkei hit a top on December 29 1989 at 38,957 and hit a bottom so far on October 10, 2002 at 8197.
 
Dustin, The same could have been said when the Nasdaq went to the -50% mark. Comparing it to the Nikkei it should have had a nice rally, instead we did get the rally but only after a major drop. So your 6 month rally could be possible but it might come after another immediate major drop from here first.
 
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