RE: The end of Dow ??

["Guy Tann" <grtann@xxxxxxxxxxx>]

Jan

If you overlay the current S&P 500 versus the S&P 500 prior to 1987, you'll
find some amazing similarities.  I was looking at a chart on one of the
financial networks here and they had a commentator on who used a program
which enabled them to ask the question; "which period in the past is most
like our current market?"  The computer has been selecting (for the last
couple of months) the period prior to our big break of 1987.  It correlates
over 200 similarities, FWIW.  Using his charts, it looks like the top will
be around 11,200 or 11,300 and then we will have another break in the
market.

Now being strictly a short term trader, and one who's system caught the 87
market break, I usually don't worry too much about anything past next week.
:)  I was just posting my $.02.

Regards

Guy


-----Original Message-----
From:	owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]
On Behalf Of Jan Diederik
Sent:	Thursday, July 09, 1998 3:45 AM
To:	metastock@xxxxxxxxxxxxx
Subject:	RE: The end of Dow ??

If the dow has reasonable resistence at 9950, then when we break through
that the target is 12,500. Otherwise I think we'll stop at 10391.

Regards,
    Jan Diederik

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Guy Tann
Sent: Thursday, July 09, 1998 6:36 AM
To: metastock@xxxxxxxxxxxxx
Subject: RE: The end of Dow ??


As the ultimate bear, and after looking at the charts, I think we're on the
way to 11,200/11,300 before a real big break.

Regards

Guy
--------
How far will Dow go???

Marianne