The Dow Poster I mentioned last week — but couldn’t remember who sent it to me — turned out to be created by JP Koning.
You can order a 36 X 24 wall chart from JP’s site here for $30. Makes a great gift for that broker or trader you know!
Nice work, JP
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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December 7th, 2007 at 3:52 pm
good chart
better than the 100 year ones that just show an upward trend (or the photo of the grey bearded guy “the man who waited for Real Estate to go down”)
just finished the Bloomberg article on Ronald Perelman’s SPAC raising (also summarises others)
in past interim bull markets I’ve experienced, such opportunistic raisings (to siphon the last drop of the speculative dollar from the market)have signalled that the ultra professional is expecting some real bargains pretty soon (less than 12 months)
and this time around traditional banking channels are blocked up being unable to place the “private equity” debt
another bear sign but this market looks like its got legs into the second Qr08
rgds pcm
December 7th, 2007 at 7:05 pm
Barry,
Great chart,
You can see stock market bubble, that trend will start to go lower.
Today is the day, we remember Pearl Harbor, 7 December 1941, let us not be surprise again.
December 7th, 2007 at 8:43 pm
I tried to order, but I don’t live in a Canadian province. No option for the U.S.
Guess he’ll fix it after I’ve lost the immediate gratification syndrome.