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You are correct based off of target on DJX 94.69 below there 86.38
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, September 07, 2001 9:43 PM
Subject: [RT] Mkt - INDU and CV
> The EODCV2001 has finally dropped to the March lows. It did so faster
than
> any time in history from its last peak in May. If the DJIA goes on to
> the -10% level below the 200 day XMA then 9463 is the next target. It
could
> do that on Monday. If it drops percentagewise as much as it did in
EODCV87
> then we are talking 26.38% below the 200 day XMA which then gives us a
> target of 7741. That would take the DJIA only to the 2% to 3 % dividend
> yield assuming the dividend remained the same and the 200 day xma did not
> change. Note the characterisitic tweezer lows at the -5 and -10% levels.
> Just looking ahead here, figuring we get one of the lows in September and
> the other in October.
>
> bobr
> http://www.zubee.com
> http://www.oextrader.com/sigma_trader
>
>
>
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