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Last night on Market Shrinkology I discussed the the Rorschach Inkblot Test which is a projective assessment tool used by clinical psychologists to assess cognitive functioning, reality testing and personality. There is much that can be gleaned from the test for technical traders as there many similarities between chart reading and the inkblot test. Foremost,…
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The $SPX has doubled twice in ten years. From 10/02 to 10/07, the index doubled from 768 to 1576. From 03/09 to 02/11, the index doubled again from 666 to 1344. Still the $SPX is flat over the the past 12 years.