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Analog Update - Dow 1929 vs. Nasdaq 2000 - Trading Range Ahead (UPDATED 7/24)  (1)  

Our Analog Chart showing the parallel moves between the Dow before and after the 1929 peak and crash and the Nasdaq peak in 2000 and subsequent crash has played out nicely, calling the bottom in March. Now things look less directional, as you can see in the chart below.

I do not see any major bull market for round 4 years. I think the trend is down/sideways for the next 4 years.

Anthony Kolton is president of Logical Information Machines and Markethistory.com, Inc.

Related Ideas:

• Analog Update - Dow 1929 vs. Nasdaq 2000 (UPDATED 10 Dec 2008) - December 8, 2008
• Update - Dow 1924-1937 Analog - March 20, 2008
• Dow-Nasdaq Analog - Updated (through end of 2007) - October 12, 2007
• Dow 1930s versus Nasdaq in the New Millennium (UPDATED Chart) - May 3, 2007

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