|
PureBytes Links
Trading Reference Links
|
First, I apologize to those of you who are members
of more than one of the
three lists that I am posting this to.
This post is to try to put some real perspective of
this "bear" to all prior
bears since (but not including) the 1929
fiasco.
As you will see, we are in a zone where it is
really hard to estimate whether
investor confidence will recover enough to turn
around very soon or if we
are to be drug down to some of the further depths
to which the market
has been subjected in prior years.
Later this weekend I will modify the SM program and
only record down moves
that have lasted 4 to 8 months and post them on a
chart similar to this so we
can have some more ideas of what may happen very
soon.
The interesting thing is that even if we are not at
the bottom, two years from
now we can expect to be somewhere in the range of
9,500 to 15,000.
If the latter figure is true (and a bunch of
projections point in that direction)
then we could have an increase to 200 % of present
value of a portfolio if
we just bought the DOW stocks.
Kinda scary/amazing is it not ? ? ? ?
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
John Wintels
To: <A title=MedianLine@xxxxxxxxxxxxxxx
href="mailto:MedianLine@xxxxxxxxxxxxxxx";>MedianLine@xxxxxxxxxxxxxxx
Sent: Friday, July 19, 2002 8:58 PM
Subject: Re: [MedianLine] Log
Chart:Quarterly SP500
Thank you for finally saying it! Please
forward to O'Reilly, Imus, Peter Jennings, The Today Show, Meet The Depressed,
and the guy standing on the ledge over there . . .
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Mr. Kevin
Bantz
To: <A
title=SPX_Swing_Trading@xxxxxxxxxxxxxxx
href="mailto:SPX_Swing_Trading@xxxxxxxxxxxxxxx";>SPX_Swing_Trading@xxxxxxxxxxxxxxx
Sent: Friday, July 19, 2002 9:24
PM
Subject: [MedianLine] Log
Chart:Quarterly SP500
Putting things into perspective, it doesn't look so bad...
width=720> To
unsubscribe from this group, send an email
to:MedianLine-unsubscribe@xxxxxxxxxxxxxxxYour use
of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Attachment:
Description: "junk.gif"
Attachment:
Description: ""
|