The Big Picture -- The Big Churn 1997-2021 (Est. 30 August, Earth Year 002,001)
A1.03d3 -- A10.87.45 -- SPY - Daily close-up May 2015
A1.03d5 -- A10.87.46 -- SPY - Daily close-up May 2015
A1.03d5 -- A10.87.5 -- B157.94 -- SPY - 60-minute FEB 2014
A1.03g -- A10.53 -- $SPX - Weekly 2015/2016 top?
A1.03m -- A10.47 -- ZZ9.7 -- A1.01.7 -- $SPX - Monthly 2015 top
A1.05 -- SPX -- MONTHLY 1980-2002 -- THE BIG PICTURE
(6/14/15) -- [List under reconstruction.]
(5/20/13) -- See 2001 SCC newsletter after this list was established -- http://stockcharts.com/commentary/archives/cww20010909h.html
(3/5/12) -- This chart was first posted on August 30th, Earth Year 002,001.
(4/22/002,006) -- Warren Buffett on hair triggers:
'There are more people [like hedge-fund managers] that go to bed at night with a hair trigger than ever before, it's an electronic herd,
they can give vent to decisions that move billions and billions of dollars with the click of a key.
We will have some exogenous event - we will have that. There will be some kind of stampede by that herd . . .
'When you have far greater sums than ever before, in one asset class after another, that are held by people who operate on a hair-trigger mechanism,
then they lend themselves to more explosive outcomes. People with very short time horizons, with huge sums of money - they can all try to head for the exits at the same time.
The only way you can leave your seat in burning financial markets is to find someone else to take your seat, and that is not always easy ...'
A10.35 -- $SPX - Monthly Candlesticks, 1024 (w/Buttons)
A10.41 -- ZZ9.1 -- A1.01.1 -- $SPX - Monthly -- Seven Year Itch overview small
***** 25 October, Earth Year 002,014 *****
Is a top forming?
In June 2012 it was asked whether a 'Seven-year Itch' Triple Top could form in 2014 -- has this process started?
The 2000 and 2007 tops gave us warning signs IMO, with several candlesticks with long lower shadows -- 'long-tailed' here.
Whether called Dragon-fly, Hammer, Hanging Man, etc., it is the long lower 'tail' which is the warning sign to these eyes.
[see monthly charts on p. 1 and the close-up charts below]
A10.43 -- ZZ9.3 -- A1.01.3 -- $SPX - Monthly 2000 top
A10.45 -- ZZ9.5 -- A1.01.5 -- $SPX - Monthly 2007 top