I try to not post after I’ve been drinking. Two beers may or may not sound like a lot to you, but it’s the perfect amount to impair my judgement. So I’ll try to keep my commentary to a minimum.

Please look at these two charts, the first is from dshort.com and the second is from Professor Shiller

Do you think dshort is trying to present the data in a fair and unbiased fashion? Or could he have an agenda? What do you think when you look at his chart? Does that ominous grey line of the 1929 crash worry you?

Forget all your apples to oranges thoughts, just ask yourself one question. Will history look back at the beginning of the 21st century and talk about the two major bear markets or will it all be rolled into one big bubble bursting?

Then look at dshort’s chart again and think about the alignment point he choose for the 1929 crash and the subsequent line. Call me paranoid, but to me it appears dshort is manipulating the fork out of the data to present a picture of his choosing.

Here’s a chart of the S&P 500 from 1925 to present, click on all the charts for a closer look. Can you see the low dshort choose to present as his aligned lows? The first major low. No it’s not that big low in 1932, it’s the tiny little blip near the peak.

Here is a closer look at the 1929 crash. For some reason dshort decided to select the first little low of that crash as the low to align things for. I really wonder why.

One more chart and as I’m half way through my third beer I better leave it at that.

Related posts:

1. The Great Depression vs The Great Bubble
2. Want to get rich? Here’s a brutal crash course