Short Term Trading Member Forum

[mr_cash4]

aire, yes, exactly, and he even says on his website that later in the 1980s his original work was not working well anymore, so that he developed the Super / Mega T analysis.

but he "blames" it on the huge increase in P/E ratios (says that SPX was trading at P/E ratio of 8 when he first started).

that's ok, we understand why the markets "changed", i.e. the next 50-55 year cycle started in 1982.