SPX - 20 Year - 10/2009 |
SPX - 20 Year - Today |
With some adjustments to the chart, look at where we are now. Something more interesting are the Fibonacci years for each bubble.
The dot com bubble lasted approximately 8 years, the real estate bubble approximately 5 years and now the treasury bubble at its 3 year mark.
Does it mean anything? Who knows but its interesting nonetheless.
SPX - Weekly Cup and Handle |