AJ, hope its OK to ask probably what is a really dumb question, but in reference to the data you elude to back in 1999, etc.
does todays current conditions of valuation and if you are in the camp of induced market manipulation via liquidity, dollar valuations, et al, then can todays simple TA be somewhat skewed and thus hard to compare apples to apples from prior years OR is this just straight CHART interpretations and reading w/o any noise from interpretations of other data?
Hope I am not overstepping my bounds here and by no means arguing any point, just trying to get a feel if there are other factors that may be different in todays market that may or may not have been present in prior years market that need to be or can be factored in...
Thanks for the indulgence
M