The State of the Trend

By: George Krum | Sat, Jun 25, 2011
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Today, I could just repeat my article from last week and be done with it.

Instead, I would like to focus on one of the charts in that article and raise some questions for readers.

The "Maestro" admitted, after leaving office, that he was wrong all along. "Helicopter" Ben admitted during this week's press conference that he has no idea why the economy is behaving the way it is. The majority of investment bankers and mutual fund and asset managers have claimed all along that the tech bubble and the housing bubble (and now the QE bubble) are too hard to predict. Considering this, and looking at the chart below one must wonder:

S&P500 1995-2011
Larger Image

Do I feel lucky? Will this time be any different?



George Krum

Author: George Krum

George Krum

George Krum is the author of the "CIT Dates" blog, and the following apps available from iTunes:

OddsTrader - uses the power of Hurst Channels to produce price and time targets, and combines them with proper risk and position size management.

OT Trend - helps you quantify and forecast the seemingly random ebb and flow of stock, index or mutual fund movement.

OT Fibonacci - automates the process of applying Fibonacci numbers, ratios and time series to any security.

OT Seasonal - allows you to perform seasonal analysis on practically any security from around the world and to build long-term forecasts and models.

OT Pairs - is the first mobile app that gives users access to one of the most profitable and time tested hedge fund trading strategies.

OT Pivots - combines the power of Pivot lines with cycles and automatic signal generation.

Gann 9 - is the only financial app that allows users to effortlessly apply the legendary W.D. Gann's tools and methods for trading (including the Square of 9).

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Source: The Contrarian Take