Hi sophiecentaur,
You have partly answered your own question of course. In theory we could use dendrochronology for at least a couple of hundreds of millions back (not say, 400MY; for dendrochronology you need trees, and they didn't exist then!) But there are problems. To work on a time period more than the lifetime of one tree, (usually about 100Y or less; not all trees are bristlecone pines!) you firstly need a number of overlapping trees. Secondly, if you want to know anything about say, climatic trends, you need several trees, because local conditions affect tree rings drastically and you need to apply corrections. Thirdly, not all tree rings are annual. In fact I think that in tropical regions only the minority are. Just hoiking a stump out of the ground gives you little guaranteed data, especially if it is a tree that went extinct fifty millions of years before the first palaeontologist was born, possibly twenty million years before the Himalayas began to rise, then it takes some doing to pronounce with any confidence what the significance of its rings may have been.
As I said, these things take LOTS of work! :-)
Seriously, they *swallow* the lives of research workers...
Anyway, so you now have your hundred million trees or so, all certified to produce annual rings etc and with plenty of overlap.
Would you care to budget for the labour of assessing and correlating the dates?
And now, someone finds a tree in a stratum. Can you see any difficulty about the conclusions to draw from its presence in that stratum?
Don't get me wrong; I take dating technology very, very seriously. It is work I would hate to do, and I would be very bad at it, but though it is work that can tell a great deal, it also is very challenging.
Cheers,
Jon