YM inverse Head & Shoulder NOW!

Quote from QQQShort:

U.S. equities were in a pretty tight band from 1976 to 1979. There were also a few instances in the 1950's and 1960's when the market moved very little over several months as it stair-stepped higher.

As I recall, periods of little movement (10% or less based on monthly prices) in U.S. equities prevailed about 10% of the time since 1930.
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That tight band of 76 to 79 still had a 14% annual range, not 1-3%.

In the last 923 months, only 12 months have ranges under 3% with the smallest being 2.2% (November 1944). And you argue that there are periods of over a year with ranges of less than 3%?
 
Quote from newbunch:

That tight band of 76 to 79 still had a 14% annual range, not 1-3%.

In the last 923 months, only 12 months have ranges under 3% with the smallest being 2.2% (November 1944). And you argue that there are periods of over a year with ranges of less than 3%?
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Actually, no, I am not arguing that; I agree with your conclusions.

My reference point was 10%, not 3%, so my review was not the same as yours. I am not surprised to learn, however, that uber-tight ranges occurred only about 1% of the time during the period you reviewed.

It has been a while since I did my research in this regard. As I recall, though, equities rarely sit still for long. They may end up at the same point they started at years earlier, but they usually travel quite a ways to get there.
 
Quote from areyoukidding?:

I have to update the ignore list, this guy has been pretty bad on his calls the past couple months.
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Not that you care AYK but you will never be on my iggy list. Your comments have nothing to do with the individual threads but they are more entertaining then watching "Crank Yankers" while trading.
 
Quote from Rickshaw Man:

Dow LOC Monthly chart.
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In the area you circled, the close (which is what you drew) varied from 1115.28 to 1347.45, a range of 20.8%. If you include the intra-month values, the low was 1078.95 and the high was 1372.20, a range of 27.2%. Even that "tight" area was has a range much wider than you 1-3% or your new 10%.

Just look at the moves. The market closed November 83 at 1276 and dropped to 1115 in July 84, a drop of 12.6%. Then it went to new high within 5 months.

As I said, since 1928, the smallest 12 month range is 10.0%. So with you "1-3% ranges for years" or even with your new "reference point was 10%," it just doesn't happen (well, 10% happened once and only once)!!!
 
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