Is There A Correlation Between 1987 & 2007??

[n2nh]

Here's the premise...
Quote[/b] ]I keep repeating I am not a fan of the 1987 parallel to 2007. I am not saying its impossible -- just less likely than other potential parallels (My choice is 1973, Doug Kass' is 1937).

Yet many readers keep drawing my attention to the 1987 conclusion. As a service to those of you who find this compelling, here is an overlay of the chart several of you have sent in.

<span style='color:orange'>Orange Line is the Dow Jones Track for 2007</span>
<span style='color:purple'>Purple Line is the Dow Jones Track for 1987</span>

And we all know what happened in 1987...

http://i11.tinypic.com/4opct3m.jpg

* 2007 vs. 1987 * (http://bigpicture.typepad.com/comments/2007/04/1987_versus_200.html)

[ad4mg]

If the stock market crashes, how are the neocons gonna know how swell the economy is?

[K2WH]

Anyone with half a brain knows that historically the market rises at a nearly predictable rate. #So the parallels displayed are well - predictable. #However your chart is a little behind the current level of 13,580. #We're over the hump.

K2WH

[N9XR]

Neocons see what they want to see. Neocons see the graph and state, &quot;...your chart is a little behind the current level of 13,580.&quot;

A normal person looks at the same graph and see that the numbers peak out at 127,500.

[N9XR]

Hey! Where did 2WH go?