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I think the labeling near top of each chart indicates how the percentages
were calculated e.g. a 100 point decline from a PH of 1000 is 10%.
Everything is based on monthly or weekly closed depending on chart.
Earl
-----Original Message-----
From: David Singerman <davids@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Saturday, April 10, 1999 9:57 AM
Subject: Re: MKT DJIA Retracements
>Earl,
>
>Is each % low from the 8/30 high measured from the previous swing high?
>
>David
>
>
>
>----- Original Message -----
>From: Earl Adamy <eadamy@xxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Sent: Saturday, April 10, 1999 10:15 AM
>Subject: MKT DJIA Retracements
>
>
>> Another interesting curiosity from the annals of history - kind of goes
>> nicely with the DJIA 100 year channel chart I've posted here from time to
>> time.
>>
>> Earl
>>
>
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