|
PureBytes Links
Trading Reference Links
|
Folks,
This note from Katherine is just one of several private
messages I have received relative to DOW weekly
projection using Fourier.
When including periods of lengths that I did it does
not seem possible to project SHORT TERM price
levels. However, the approach will seemingly
yield valid LONG TERM projections.
This picture is the same as the last one I posted
EXCEPT THAT THIS ONE IS FOR **1987**
and shows price action AFTER the date of the
projection. Prices shown on the right hand side
of the picture WERE NOT used in the analysis.
Maybe it wasn't a bear market but the price level
PROJECTED AND ACHIEVED were considerably
LOWER than on the date of projection.
Clyde Lee
Kammm@xxxxxxx wrote:
> In a message dated 11/1/97 5:15:08 AM, you wrote:
>
> <<The attached shows 17 projections based on
> 17 different analyses of the weekly DJI cash.>>
>
> This chart shows a bear market, does it not? That did not occur the
> following year after 1987...
>
> Katherine
Attachment Converted: "c:\eudora\attach\dj871017.gif"
Attachment Converted: "c:\eudora\attach\vcard143.vcf"
|