Fractals Are Fun
Here's a 5-year chart of the DJIA:
Box 1 was copied and replicated exactly, though resized smaller, into boxes 2, 3, and 4.
To us it looks as though the actual path of the market replicated the path of the segment within the box below with very little variation.
We don't suggest this is necessarily indicative or predictive of anything, however we do note that along with this apparently repeating pattern there has been a major reversal sometime between February and April in each of the past four years.
We also note that so far this year a reversal has not occurred, there hasn't even been three down days in succession, and the market is at or very near the point in the pattern at which a reversal occurs.
We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.
Please presume that we, she, he, I, it, them, they, us and you are purely fictional characters and that everything written in this blog is satire intended for comedic amusement only and not to be taken seriously in any way. Just like "real" analyst proclamations. Thank you.
To be notified when this blog is updated : Please e-mail email@example.com with "Subscribe to blog" in the subject line or click here to do so automatically if your computer is configured accordingly. We have never shared our mailing list with anyone, nor will we. Please note that we only send update notifications when a trade idea is diarized or updated, not if a blog entry only contains general commentary.