Friday, July 18, 2008

Stock Market Geek Stuff


I like to mess with graphs and stuff sometimes. This is a chart of some 35 years of the Nazdaq up to the present - diagonally sheared to normalize the long-term trend, to identify long-term overbought points in history (yellow circles) and deeply oversold points (red circles). It goes right up to today. I just think it's interesting, but that's because I'm a finance geek and I've always been kind of fascinated by long-term market history. But it's interesting how much of it looks basically like random movement within a range of standard deviations.

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