1987 versus 2007

Wednesday, April 18, 2007 | 01:30 PM

I keep repeating I am not a fan of the 1987 parallel to 2007. I am not saying its impossible -- just less likely than other potential parallels (My choice is 1973, Doug Kass' is 1937).

Yet many readers keep drawing my attention to the 1987 conclusion. As a service to those of you who find this compelling, here is an overlay of the chart several of you have sent in.

>

Dow Industrials 1986-87 - 2006-07

Dow_8707_3

>

UPDATE: April 20, 2007 6:21am

This chart (courtesy of Charles) shows the scale of the run up between the two eras to be very different . . .

Dow 1987 and 2007, scaled to 100
click for larger graph
Dow8707

 


Wednesday, April 18, 2007 | 01:30 PM | Permalink | Comments (84) | TrackBack (1)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00d8341c5f0b53ef

Listed below are links to weblogs that reference 1987 versus 2007:

» Machine Vision Vs. Human Vision from datawink
A blog entry from Vix and More wore asbestose gloves to deal with an entry from The Big PIcture submitted by users about a cliff diving chart from 1987 that seems similar to 2007. Being a fromer grunt, I hit the mouse and banged the url looking for do... [Read More]

Tracked on Apr 19, 2007 3:13:27 AM

Comments

Barry - have to say I was with you but if one believes that patterns ar truth and repeat that's a scary chart. Just for us learning- and memory-impaired types could you re-fresh us on what's different about the economy ? And what's different about the markets ?

To my understanding we had a major inflation worry with growing credit problems on the first. But Black Thursday ?

Posted by: dblwyo | Apr 18, 2007 1:37:46 PM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner