a dow chart with a difference

here's a dow chart with a difference, indicating major gold events since this version was combined with some recent dow/gold ratio thinking.

XJO/XAO does not have sufficient history to get proper analysis, whereas a DJIA like this puts everything on the one chart into perspective.

it shows the insignificance of 1987, while indicating that every period within a blue box has virtually the same volatility as measured in % swing from peak to trough. so it has happened the same previously, with the same dramatic swings.

plus a few other possible hints thrown in ...



20,000 dow is not so stupid any more is it.