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.
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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment