Trajan
conscientia mille testes
anyone put any stock ( no pun intended) in these seeming corollaries?
Comparing the 1932-1937 Rally to the 2009-2011 Rally
There is an interesting fractal of the rally of the period from 1932 to 1937 and that of 2009 to 2011.
While the current rally is a 100% advance from the low in approximately 720 degrees of time, the rally from a price of 40 on the Dow Jones Industrial Average in 1932 to 190 in 1937 represented a rally to 50% of the 380 DJIA high in 1929 in 1800 degrees of time. Kind of mirror-image, fold-back symmetry at play.
Stock Market: Comparing The 1932-1937 Rally To The 2009-2011 Rally | Markets | Minyanville.com
Comparing the 1932-1937 Rally to the 2009-2011 Rally
There is an interesting fractal of the rally of the period from 1932 to 1937 and that of 2009 to 2011.
While the current rally is a 100% advance from the low in approximately 720 degrees of time, the rally from a price of 40 on the Dow Jones Industrial Average in 1932 to 190 in 1937 represented a rally to 50% of the 380 DJIA high in 1929 in 1800 degrees of time. Kind of mirror-image, fold-back symmetry at play.
Stock Market: Comparing The 1932-1937 Rally To The 2009-2011 Rally | Markets | Minyanville.com