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Ron,
Both the NYSE and CBOE new electronic systems .. due to be online near the end
of first quarter next year will in fact be Linux based .. would you also
believe they will be running on OSBORNE computer hardware? probably explains
a lot of the execution concerns. I think that "justifies " a 40,000 DOW and a
10,000 COMP.
Happy Holidays ......Thanks for not letting the MTA folks go on strike last
week.
Ronald McEwan wrote:
> This is the update for the chart of the weekly SPX with the 13 week
> percentage change in M3 (seasonally adjusted)
> The second chart is something I have been working on. It is the weekly
> SPX with the weekly Vix close calculated for a 10 period rsi. Is this the
> top? It looks like it might be, unless Msft, Sunw, Csco, Intc, Dell, ect,
> ect, start to split 12 for one, then we will probably see 36,000 on the
> INDU by the middle of January. (unless the NYSE & Nasdaq decide to
> convert their operating systems to Linux, then we may see 36,000 by the
> afternoon they make the announcement)
>
> Happy Holidays
> Ron McEwan.
>
> ------------------------------------------------------------------------
> [Image] [Image]
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