From :
Bernard Leclere
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Date :
Fri, 21 May 2010 07:39:51 +0200 |
For :
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Hi all,
As shown in the chart hereunder, the present market correction is ... normal. The market is simply moving back to its equilibrium (click on image):
The custom US stock market index (green line named "GDP Target Index" on the chart) is reverting to the GDP level (red dots at the center) after having touched the top of a range set around the GDP by taking the distribution of the percentage of net corporate profit/GDP (the range is the standard deviation of this distribution).
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