Eerie Parallels Between NASDAQ and Nikkei Bears

By on June 2, 2010

Howard Simmons at Minyanville shows the parallels between the NASDAQ and Nikkei bear markets. Simmons proceeds to explain why this may not mean a whole lot. Although a glance at the chart below shows the correlation is not close to being perfect, it will be interesting to see if the NASDAQ’s future path keeps the relationship anywhere near intact.

Click on chart for larger image:

Source: Minyanville

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>