Here Is A Three Year Chart Of The S&P 500

mudesi

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Tue Mar-10-09 11:49 AM
Original message

Here Is A Three Year Chart Of The S&P 500

Edited on Tue Mar-10-09 11:51 AM by mudesi

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=3&mn=0&dy=0&id=p32004000537

Here is today's "rally"

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p78647151283

As you can see, the S&P 500 was higher on Friday, 12 days ago.

Don't believe the hype.

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Maru Kitteh

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Tue Mar-10-09 11:50 AM
Response to Original message

1. Oooooh, ooooh ooooh! - - - I have one too!

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thevoiceofreason

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Tue Mar-10-09 12:18 PM
Response to Original message

2. Can't drink all day unless you start in the morning.

Can't start building confidence until you start having up days.

Nothing safe yet, but it sure would be nice to squeeze the crap out of a bunch of short-sellers.

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Joanne98

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Tue Mar-10-09 12:23 PM
Response to Original message

3. I play investopedia. My FAS has gone up 31% today.

There will be Bear market rallies. But today's news about Citi will help the financials as least for a week or two.

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originalpckelly

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Tue Mar-10-09 12:23 PM
Response to Original message

4. If you went further out on the charts, it would look like a door stop...

This nation is so fucked, it all builds up until the last moment when it's released.

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DireStrike

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Tue Mar-10-09 12:26 PM
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5. Why are the intervals bigger towards the lower end of the y axis?

This exaggerates the height of the cliff.

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mudesi

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Tue Mar-10-09 03:56 PM
Response to Reply #5

6. It's A Logarithmic Scale

Actually it does the exact opposite, which is to not exaggerate the height of the cliff.

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DireStrike

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Tue Mar-10-09 06:05 PM
Response to Reply #6

8. Can you explain how it's a log scale?

The intervals change size, but there is still only a difference of 100 between each line. 100 what, anyway?

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readmoreoften

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Tue Mar-10-09 06:08 PM
Response to Reply #8

9. Uh, 100 points.

Standard stock market stuff.

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DireStrike

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Tue Mar-10-09 06:30 PM
Response to Reply #9

10. You know what, never mind

Edited on Tue Mar-10-09 06:37 PM by DireStrike

self-delete. It does look like a log scale.

I wish it were a straight chart though.

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leftstreet

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Tue Mar-10-09 03:58 PM
Response to Original message

7. If I take off my reading glasses, the 2nd pic looks like a guillotine blade

Sweet!

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