Is Nasdaq Becoming a Bubble?
Posted By Barry Ritholtz On March 29, 2010 @ 12:30 pm In Markets,Technical Analysis,Valuation | Comments Disabled
A few interesting charts today that look at the question Where is the Nasdaq going ?
Up first, this beaut from Ron Griess at The Chart Store [1]. Ron shows a parallel between the post 2000 crash Nasdaq and the post 1989 crash Nikkei Dow:
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click for larger graphs
[2]
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Next, we have this look at the Nasdaq/SPX ratio from Mike Panzner [3]. Mike thinks this intriguing relationship is back to prior high levels:
[4]
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Last, this trend chart from Lindsay Holt — although there are arguments to be made by both bulls and bears alike from this one:
[5]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/03/is-nasdaq-becoming-a-bubble/
URLs in this post:
[1] The Chart Store: http://www.thechartstore.com/
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/03/3-26-10-Weekly-Nikkei-vs.-NASDAQ.gif
[3] Mike Panzner: http://www.financialarmageddon.com/2010/03/all-bubbly-again.html
[4] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/03/Nazz-SPX-ratioi.png
[5] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/03/Lindsey-Holt-Studios.png
Click here to print.