Tuesday, November 13, 2007

Happy Ending

Stock market contrarians have long savored the "Cover Of Business Week" indicator. We may have an updated version: The "Former Masseuse Gets Her Own Masseuse" indicator. A bit more esoteric, to be sure, but potentially more powerful if this chart is any indication.

Good for her, though.


Blogger Spider said...

I am in massage school right now with a planned graduation in April. I'm starting my own company.

However, if I could snag a gig like that massage therapist, I'd do that in a heartbeat!

(P.S. If you live in NJ and need a massage I'm taking clients.)

11/13/2007 8:46 AM  
Blogger wendyo said...

Couldn't resist that headline, could you CR ;-)

11/13/2007 9:16 AM  
Blogger Gringo_Malo said...

Anybody know where to find a constant dollar (inflation-adjusted) graph of the DJI?

11/13/2007 10:31 AM  
Anonymous RW said...

After looking at the up volume vs. the down volume WRT GOOG I'd guess the "Masseuse Gets Masseuse" indicator may have a tendency to be early.

11/13/2007 11:34 AM  
Anonymous goldhorder said...

sure gringo...here


Of course this is actually a dow vs. gold chart...a bit of a bias on my part as I consider gold to be the only indicator of a stable currency. Anyways...note...gold was severed from the dollar in 1972....inflation was not a problem before than and any comparison between the dow and gold before 1972 is meaningless. After 1972 however. Gold beats Dow 1972 to 1980...Dow beats gold 1980 to 2000...Gold beats dow 2000 to present. Might as well buy gold and bury it in your backyard. Why speculate in stocks?

11/13/2007 3:41 PM  
Blogger Gringo_Malo said...

Thanks, goldhoarder. Here's another interesting chart of the inflation-adjusted gold price. The chart is attached to an article entitled, "Gold is a 'Crisis Hegde' Not an Inflation Hedge." Believing that the present economic disaster will lead to a new dark age, I agree that hoarding gold is an excellent idea.

11/14/2007 10:50 AM  
Blogger wendyo said...

You may want to run that one by Victor Neiderhoffer. ;-)

11/14/2007 5:21 PM  

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