Users: JBLWealth: SPX - TWO TRENDS - 10-25-15 - 10-23-15.png

SPX - TWO TRENDS - 10-25-15 - 10-23-15.png

Comments

Kona_JKona_J
A problem with the '03 to '08 yellow line is it would have been redrawn several times before the break was the final one. Of course, if you add time into the equation, we are currently far along. This does give more weight to the current break. I am glad I don't have to make those types of predictions to make money. 10/25/15
007Dad007Dad
Either way we can make money. But I am still hesitant to believe we are out of the woods completely. It would be good for business, my family, etc...but I certainly am not suggesting buy and hold right here:) 10/25/15
JBLWealthJBLWealth
All long term trend lines can have shorter ones drawn within. Could do it on 90s and most recent trend line as well. It's art. 10/26/15
10/29/15
PaulaPaula
I don't think Central Bankers made the trend so I don't think they can break it. We came out of recession in Spring 2009 and the Feds have been taking credit and goosing it ever since. We probably went into a recession, meaning an economic contraction, earlier this year. If we did, they can't fix that. 10/29/15
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