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Part of the problem with pictures we have seen is that we
have not seen enough data.
The attached is DJIA data from 1896 until the present.
I have copied a segment of the market from 1916 to 1930
and pasted it in two interesting places. NOW and 1987.
This is Log10 data.
What I see is that we still have the "blowoff" to come if we
are going to experience a 1929 type CRASH.
Might not be far off but it could easily last a year or a bit
longer.
Clyde
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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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----- Original Message -----
From: "charles meyer" <chmeyer@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, March 10, 2000 11:26
Subject: [RT] Re: Of 1929 and chart patterns...
> Marlowe:
>
> It seems that one could debate the 'log versus arithmetic' scale issue
> with both sides having strong points; probably because the visual
> aspect is an element which is in the eye of the beholder. I think
the real
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