Looking at the chart some more, I was shocked to see that this year was the first time there were so many excursions above 400. Previous peaks seem to have been events. Of course, I have no idea what that means. ;)
It's interesting to note that there was a rather large selloff right after the oct '97 peaks in $NAHGH and $NYHGH. But, that was then and this is now. And now we have the Bernanke printing press, so it truly is different this time. g/ng
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