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Look at the ftse 100 over a 30 year time frame and tell me you can't make a guess as to what's coming. Go here and click on 'all' in the zoom menu https://www.
by dsfsdfd 11y ago
Look at the ftse 100 over a 30 year time frame and tell me you can't make a guess as to what's coming.
Go here and click on 'all' in the zoom menu
https://www.google.com/finance?q=INDEXFTSE%3AUKX&ei=qlLcVZHiI4KUUKLsltgO https://www.google.com/finance?q=INDEXFTSE%3AUKX&ei=qlLcVZHi...
- switch007 11y agoBut why? Because of similar events/conditions? Because the two busts were roughly 6 years apart and it's 7 years since the last?
- dsfsdfd 11y agoBecause it looks to me like the stock market has a tendency to follow an exponential curve - or at least a high degree polynomial. I also believe that to a certain extent the stock market is bound to the real world and in the real world growth is currently not following an exponential/high degree polynomial curve. The tension between the two is causing an oscillation to develop which overrides the tendency for high disorder in price movements. In short I think that over long time periods stock markets show some degree of predictability. They are not perfectly disordered because the they are bound to systems operating in the real physical world which display predictable behaviour.
- Aqueous 11y agoUnfortunately the system operating in the real physical world is based around human behavior, which, despite probably following some heretofore undiscovered law or algorithm, is very difficult to predict.
- maaku 11y agoDepends on the granularity. Total stock market return is a measure of the intersection of time valuation with productivity growth, which has remained consistently exponential for the entire archeological record.
- dsfsdfd 11y agoIt's amazing how difficult it is to convince people of the ludicrously obvious.
- gchokov 11y agoDouble bottom, that's what happens. Expecting more heights. Long FTSE! edit: Stock market theme is huge for click baits and zerohedge readers. No extremes are healthy and there's too much drama around this.
- drjesusphd 11y ago> Double bottom This is no place for this kind of tea leaf reading nonsense.
- lectrick 11y agoSomething something head and shoulders pattern, don't you see it?
- ScottBurson 11y agoIt's people like you who give chart reading a bad name. There's no double bottom here. A double bottom indicates that a downtrend may have reversed. There's no downtrend on this timeframe. Chart reading is not voodoo, but bad chart reading is worse than voodoo.
- dsfsdfd 11y agoNumber Wang!
- solomatov 11y agoI also recommend adding S&P500 as a comparison.