Remember Y2K?
There it is below.
It happened...Basically the Nasdaq or New economy exponentially grew from February 8th, 1971 until March 10th, 2000 and where it hit the Y2K singularity and imploded.
Back then the Nasdaq was called the New economy while the Dow was the old economy and it peaked too but did not collapse.
It traded sideways for over a year.
You can see below the long term resistance line.
What you are seeing is what is called a distribution top.
What is that?
That is where the general population of dupes are buying while the insiders sell off their soon to be worthless holdings into the hands of the bag holders.
From the year 2000 until late 2001 the insiders were dumping massive amounts of stocks into the hands of dupes.
Then in September the Dow collapsed through long term resistance and then imploded following 911.
How are the two points connected?
3/10/2000 and 9/11/01?
"Osama bin Mohammed bin Awad bin Laden (March 10, 1957– May 2, 2011), also transliterated as Usama bin Ladin, was a founder of the pan-Islamic militant organization al-Qaeda. The group is designated as a terrorist group by the United Nations Security Council, the North Atlantic Treaty Organization (NATO), the European Union, and various countries."
The Nasdaq collapsed on Osama Bin Laden's birthday.
Then the DOW collapsed down into 9/11/01 where Osama supposedly masterminded the attack.
3/10 and 9/11
550 days in between 3/10 and 9/11
9:11 is the is the 551st minute of the day.
310+911 = 1221
12th prime = 37
21st prime = 73
123456789 Obverse
987654321 Reverse
19+28+37+46+55 = 185
91+82+73+64+55 = 365
185+365 = 550
