Swiss All Share PR (Price Return) 21Oct12

I am adding the Swiss all share price return because a number of people have been saying the Swiss market is confirmation of the bull! Sorry to disappoint but there is a difference between the PR and TR – the later is an adjusted Total Return including dividends so you are not comparing apples with apples, but keep looking for any one in the crowd that can help keep your heads buried in the sand in order to avoid hurting your pride and looking objectively not only at my evidence, but RSI, MACD, Stochastics and numerous other traditional indicators that are all back looking confirmation signals are showing what MAP Analysis has been showing for a while now on multiple time frames!

Big Picture

From 2007 top,

and finally from 2010 top (it even failed to make a new high in 2011!)

No further comment needed!

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