Wednesday, July 18, 2012

Ummm... Regarding Albert Edwards and the "Ultimate Death Cross", Never mind

 Following up on Monday's "Societe Generale's Albert Edwards on Analysts as Leading Indicators (and something about us approaching the Ultimate Death Cross)".

From Doug Short's Advisor Perspectives:

And Now for Something Completely Different:
The "Ultimate" Death Cross

...How disastrous would a trip to the "Death Zone" be? Let's look further back in time. The chart below uses the S&P Composite data set popularized by Yale professor Robert Shiller. It consists of the monthly averages of daily closes since 1871 -- over 140 years of US market history....MUCH MORE
Click to View