Friday, September 16, 2011

Markets: 1998 As a Template for 2011--Follow-up (DIA; SPY; QQQ)

Here's where we stand:



Close enough for a modeler to get a bonus.
Previous posts:

August 4, 2011 
1998 As a Template For 2011's Market Action (DIA; SPY; VIX)

August 9, 2011 
Equities 2011: More Like 1987 than 2008 (or is it 1903? 1998? 1873 was pretty bad...)

August 18, 2011 
LTCM Co-Founder, Nobel Laureate, Scholes Says the Fund Was Doomed From the Start (we are still using 1998 as a mental map for 2011)

August 22, 2011 
Volatility: A Double Top in the VIX (VXX; XIV; TVIX)

August 29, 2011 
More on 1998 as the Template for 2011's Market Action (DIA; SPX; QQQ)
A mental map.
At least until it gets folded so much that you can't see what's in the creases, it starts to tear, one of the kids  tries to make hat out of it, etc....