|
PureBytes Links
Trading Reference Links
|
Hello
I believe you WILL see a penetration of this trend line in the very near
future 10/14-10/21
that does not mean we will not continue at the 11% gain every (double
every 6.5 years) ,, maybe only 6-8% and a double in
8-12 years,,
nice weekend
Ben
----- Original Message -----
From: "Gary Funck" <gary@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, September 29, 2001 3:38 PM
Subject: RE: [RT] SPX long term chart
> Attached is long-term chart of the S&P on a monthly basis stretching back
to
> 1980. I put this chart together last week, before the modest rally. The
> chart shows that the S&P is now resting on the long-term trend line which
> has been clocking about a double once every 6.25 years (about 11% CAGR).
>
> If an investor were to assume US economic growth were to continue
unabated,
> with the bull-trend in tact, then clearly now is time to be a buyer. A
more
> cautious approach would to wait for the trend to turn positive again (the
> lower line to cross above zero), which might take a while, from the
oversold
> level.
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
FREE COLLEGE MONEY
CLICK HERE to search
600,000 scholarships!
http://us.click.yahoo.com/ujOgTC/4m7CAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Attachment:
Description: "sp_long_term.gif"
|