We're for ever blowing bubbles. - Apple

'I'm forever blowing bubbles' is a song written in the 1918, that became a staple of big bands and major singers in the 1920s, these days it is more closely associated with the perennial under-achieving but always exciting East London Football (Soccer) Club West Ham United. - The title of this post 'We're forever blowing bubbles' is a slight variation on the name of this song, and refers to the nature of financial markets throughout history, which time and again seems to forever throw up new bubbles, and seemingly with greater regularity these days than ever.

Below is a set of graphs showing some historic bubbles through time, together with some more recent familiar bubbles, together with one final chart of Apple shares and a great big question mark.

Finally - As a favour to my many long-suffering friends who follow the Hammers (West Ham United); something for you:

Wall St - Movies & Crashes !!!

It was recently brought to my attention that the sequel to the 1987 movie 'Wall Street' is due to be released in September this year. Originally titled 'Wall Street 2' the movies name was changed to 'Wall Street: Money Never Sleeps'. It was also pointed out to me that a movie also called 'Wall Street' was released in December 1929. Now I'm not one the superstitious type, however I am a sucker for coincidences: 1929, 1987, now 2010. --- I have posted charts of the market set-ups in the 12-18 month period leading up to the release of the movies. Some may say that the graphs bear a spooky similarity, others may argue that this is merely a 'Random walk down Wall Street'!!!!