Never seen anything quite this steep in stock indexes. This is sure getting risky....so high with no retracement.
NQ Parabolic Assent Higher
- Thread starter Rickshaw Man
- Start date
Lumber went parabolic to.
Log actually makes it look better. Log on right linear on left.
Looks like a tiny blip on the scale of $trillions given away by the Fed, and businesses making so much money they don’t know where to put it. Can’t even invest in real estate because house prices are going higher even faster and are more overpriced.
I wouldn’t even understand if the stocks didn’t go up. Are you happy with 0.1% that banks give you? And where is everyone supposed to put their money?
I wouldn’t even understand if the stocks didn’t go up. Are you happy with 0.1% that banks give you? And where is everyone supposed to put their money?
How is it misleading? The Nasdaq 100 has tripled in value in four years, that's a hell of a rally.
Not doubting that at all. RickShaws's log chart above gives a better visual of the price action at the lower prices.
Over TWENTY YEAR TIMEFRAME MONYHLY!
It shows NOTHING TRADEABLE!
Remember, this is a guy who says he has been following he markets for 20 years, "knows" that it is a zero risk market because it is all rigged to the upside, but still uses stops! Now little-boy-blue is all scared because the market is all "parabolic", and "it cannot be good".
He lacks vision.
This forum getting more and more emotionally unstable for all but the radically biased