KirkLindstrom.com - Articles - 2013 NASDAQ Index: Kirk's Irrational Exuberance and Pessimism Trend Lines Chart
Kirk Windsurfing at Palo Alto in SF Bay in May 2009
 NASDAQ Irrational Exuberance & Pessimism
Kirk's Irrational Exuberance & Pessimism Chart for the NASDAQ 		Kirk Windsurfing at Coyote Point November 2009
Historical Price to Earnings Ratio of Standard and Poor's 500 Index

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July 21, 2013:  Chart of NASDAQ Index trend lines with "Irrational Exuberance" & "Irrational Pessimism" charted from 1980 through today.

NASDAQ with Irrational Exuberance and Pessimism Trend Lines Chart
Historical

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This chart below shows a close-up of the test from above of the breakout of a 12 year resistance line that became "tested from above support" in 2011.



Note 1.  Source: Stockcharts.com  
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