|
PureBytes Links
Trading Reference Links
|
Jerry,
The high for S&P cash, S&P futures, Dow Jones Industrial cash, and Dow Jones
futures, were all put in on July 19. Mike is right -- 55 calendar days
later is 9/12/99, not 9/9/99.
It's interesting to note that the other two Dow Jones Index highs were put
in much earlier -- the Dow Jones Transportation Index high was made on May
12, and the Dow Jones Utility Index high was made on June 16.
Mark Morrison
Professional Market Brokerage
Chicago, Illinois
>
> Mike
> The Dow high this year was July 16 not July 19, hence the
> September 9 date. The
> 19 must have been a typo!
> Jerry Wagner
>
> Mike Mart wrote:
>
> > Dick Crotinger quoted from the Barrons Striking Price article:
> > > "The S&P 500 and the Dow saw their highs this year on July
> 19. Counting 55
> > > days forward brings us to September 9, 1999, or 9/9/99."
> >
> > I'm not sure which calendar they were using, but on my
> calendar, counting 55
> > days forward from July 19, 1999 brings me to September 12,
> 1999, or 9/12/99.
> >
> > Regards,
> >
> > Mike
>
|