News Focus
News Focus
Followers 19
Posts 7667
Boards Moderated 0
Alias Born 04/12/2003

Re: atgbs post# 112339

Tuesday, 12/11/2007 11:40:43 PM

Tuesday, December 11, 2007 11:40:43 PM

Post# of 148479
Hi atgbs.
I'm really looking at the longer term impact of inflation on supply and demand at critical points in our economic history.
The $SPX is around 30 times higher than it was in 1960. Likewise my house sells for around 25-30 times it's 1960 price. Can you think of other assets with that type of history? I can certainly find reasons for stocks to "correct" here, consolidate in this range or even blow up higher. I'm not convinced it's always for what we would agree are rational reasons.
http://stockcharts.com/charts/historical/spx1960.html

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today