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Color me skeptical.

It seems to me that chart is saying:

  1.  A dramatic run-up is followed by a dramatic bust-up.

  2.  You can cherry pick 3 dramatic Up/Down stock movements that, more-or-less match along the time axis.

If the analyst had overlaid all Boom/Busts on record - and the records go back hundreds of years - then we might be able to see if the Time match is significant.  For example, does the Tulip Bulb craze in the Netherlands follow the same pattern?  


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Sat Oct 11th, 2008 at 02:56:03 AM EST
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