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Scholar Norm:
Many thanks! Looks more like a 5.05% solution except that the European
makets are down some 7%. According to my math the market had a total
of 17% on the downside from its peak and before the final low. It is a
surprise that it actually gave folks a chance to get out even during the
first
week of January in 1942.
Chas
-----Original Message-----
From: Norman Winski <nwinski@xxxxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxxx>
Date: Tuesday, September 11, 2001 3:33 PM
Subject: Re: [RT] GEN: 3% FACTOR
>CM,
>
> DJIA circa Dec. 7, 1941 was approx. 112. DJIA then declined to 106.34
>during following two weeks. Market then rallied to 114.50 first week of
Jan.
>1942. Market then steadily declines to major 1942 low to 92.92 cica May 3.
>This was the lowest retest of the 1932 low and the beginning of the 1942 -
>1966 Bull Market. As you can see, one can make a reasonable arguement that
>the market dropped about 6% during the two weeks following the attack on
>Pearl Harbor. However, it would be difficult to attribute any further
>declines to be coincidental with Pearl Harbor.
>
>Surprisingly,
>
>Norman
>----- Original Message -----
>From: "charles meyer" <chmeyer@xxxxxxxx>
>To: "REAL TRADERS" <realtraders@xxxxxxxxxxxxxxx>
>Sent: Tuesday, September 11, 2001 2:30 PM
>Subject: [RT] GEN: 3% FACTOR
>
>
>> In 'eyeballing' an old chart can someone verify that the markets tanked
>> approximately 40% after the bombing of Pearl Harbor; and over a time
>> period of about eight months? The scale on the chart is based on square
>> root. Noticed that the foreign markets are down as much as 7%.
>>
>> Chas
>>
>>
>>
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>
>
>
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