Buy when everybody is fearful and pessimistic, page-148

Sorry to be tardy in replying....when one has 200 messages asking for assistance I have to prioritise firstly answering those who truly seek my advice.

Alas, in this instance I will not be proffering any thoughts for these reasons;
1. The time scale has been obviously compressed - I am sure it presents monthly candles given the exact locations of dividends.
2. Surely you would know that no one is able to predict the future forward, by any of the defined yearly intervals you proffer. No investor in history has been able to achieve such a result. I will provide the following studies to enlighten you in this regard.

Quoting a 1993 study by Narasimhan Jegadeesh and Sheridan Titman,
"Returns to Buying Winners and Selling Losers," suggests that individual stocks have momentum. They found that stocks that have performed well during the past few months are more likely to continue their outperformance next month..
The inverse also applies: Stocks that have performed poorly are more likely to continue their poor performances.
However, this study only looked ahead 3 to 12 months.1 Over longer periods, the momentum effect appears to reverse

Conversely, over longer periods, the momentum effect appears to reverse. According to a 1985 study by Werner De Bondt and Richard Thaler titled, "Does the Stock Market Overreact?" stocks that have performed well in the past three to five years are more likely to underperform the market in the next three to five years and vice versa. This suggests that something else is going on, and that is mean reversion

3. If you truly believe that predicting such future price points was even possible it would make you an absolute genius and the richest person in the history of the world.

Unfortunately, no one has been able to master this not even Nostradamus.

cc@slick