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Your chart for the S&P 500 (2% declines) is slightly misleading. To the unaided eye, each peak appears to be on a triangle, which would be wrong. One can see, by maintaining 90 degree angles, that the peaks are followed by instantaneous drops to zero. So, to plot values for a vertical line is wrong-there are NO values to plot. Unfortunately, almost all software "connects the dots." I believe that I had one application which allowed the choice to connect, or not connect.

To the unaided eye, each peak appears to be on a triangle, which would be wrong.

Retired? Get some reading glasses. :-)

What about 2% moves to upside?

This is an older post but you should have seen 2008. It was a rough patch for everyone. Having said that, I just found your typepad blog and I must say that it's outstanding. You guys have a lot of great financial information. Since I didn't know about it 2 hours ago, it's a real hidden gem for me.



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