Saturday, February 28, 2009

Another Nasdaq Chart

the last post had a chart of the Nasdaq Composite with logarithmic scaling. here's one since 1980 with arithmetic scaling:



notice the 300 month moving average. so the index value is now about at its 25 year average. stocks just always go up in the long run, ain't that so?

one more here:



if that histogram ever moves back to positive the dogs should start to bark again.