August 30, 2014

A Technical Analyst's Dream of a Times Article

Courtesy of the New York Times, a concentrated fount of TA trivia about the last 20 years in the stock market. A little taste:

While taking 16.6 years to double seems awfully slow, it took 17.4 years to go from the first close over 100, in 1968, to the first one over 200, in 1985. A significant bear market in the 1970s intervened. And it took more than 29 years to go from the first close over 25, in 1929, to the first one over 50, in 1958. That period included the Great Depression.