XJO 0.23% 7,682.0 s&p/asx 200

big daddy always out of control....friday, page-32

  1. 4,155 Posts.
    Here is a look at some major tops over the past 30 years and their relationship to the 200 month sma (based on rally high and position of 200 sma that month).

    1980 was 35.79% above the 200 month sma



    1987 was a monster 60.27% above



    2000 was 47.56% above



    2007 was 24.29% above



    Current situation. Closing price this week is 33.94% above and recall 1980 was 35.79%. Last weeks rally high was 34.94% above. Past experience 1987 and 2000 say this can keep going for a while yet based on just these stats.

 
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