Industrial Insight

The market could go even lower…. | November 1, 2011

http://ftalphaville.ft.com/blog/2011/10/31/716981/greed-and-fear-with-bob-the-bear/

Greed and fear with Bob the Bear

Posted by Neil Hume on Oct 31 16:00.

In terms of the secular outlook, I wanted to do something different, so I have included below a classic Greed & Fear chart. The chart looks at a 90 year history of the Dow, rebased in terms of the price of an ounce of Gold.

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