this is an old thread that I'm putting to the front page...because that 10yr S&P chart is really getting interesting now. here's the latest version. this is the type of thing that I've been using for my longer-term accts... comments welcome... head and shoulders taget area?
I like the chart too. It seems like there was strong resistance and then support at the 98 low. I can't read from the chart...is it 850+? So when it hits 800+ buy? I am not sure. Do you believe in longer term events? Eg, ever 70-100 years something really big happens. 1929, 1870, 1700s (South Sea), 1600s (Tulip Mania). It is certainly time isn't it? (Unless you consider Japan as THE event...)