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Re: MKT - DJIA Monthly 1929/1998



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Clyde,
Your charts are very interesting 
one says the top will be at 9500 or 9950
The other one says 11000 so.

Are these based upon different questions?
Rm



At 07:58 AM 7/18/98 -0500, Clyde Lee wrote:
>The attached .gif file contains a picture of the current
>status of the market as seen by SwingMachine.
>
>If June was a low (a one month reversal ensues) then it
>appears that the DOW will top out in September or 
>December.
>
>The RED lines show what I think was a comparable period
>in 1929 and we seem to be delaying any "crash" that might
>occur -- NOT entirely missing a major down move since
>projections of prices near  8000  after the peak exist
>on three swings.
>
>Time will tell!
>
>I agree with John about the time it takes to put such
>things together.  Although I don't "talk" as much as
>he does I tend to try to "picture" more in a single
>graphic.
>
>Clyde Lee
>
>
>-- 
>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>Clyde Lee   Chairman/CEO        (Home of SwingMachine)
>SYTECH Corporation              email:   <clydelee@xxxxxxx> 
>7910 Westglen, Suite 105        Work:    (713) 783-9540
>Houston,  TX  77063             Fax:     (713) 783-1092     
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>Attachment Converted: "e:\eudora\attach\Djmo0798.gif"
>