The Stock Market with Elliott Wave Labels from 1693 to Present Day Reveals a Bear Market Formation Since 2000
Coaching Tip
JULY 30, 2014
This is exactly how wave III (circled) developed. That is when the all-time high was recorded in the major averages'' valuation as measured by annual dividend yield, price to book value, and the corporate bond/stock yield spread. It was a time of major change in American finances. It ended in 2000.
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