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I am a great believer in the concept that history
repeats itself
and have spent many moons developing software that
will allow
me to examine where we are today relative to what
has happened
in the past.
I've attached a monthly analysis of the Dow-Jones
Industrials
which uses data from 1921 for
analysis.
As noted on the chart, there is only one situation
prior to the
present and near present where the 06 pattern
sequence has
occurred.
That does not make for high probability prediction
but it is
something that I believe we need to look
at.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="">clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
ira
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, January 28, 2003 10:47
AM
Subject: Re: [RT] DJIA - the next 4
years
Nothing wrong with cycles. It is just that
you don't know if the next low will be above or below the current low.
The cycles can be perfect in ascending, descending or horizontal price
patterns. Four years from now the next low could be at 1000 or at 12,000
and no one that I know of living or dead could say it can't happen or that it
will be any of the points in between. Any guess of where the next 4 year
low will be is just that a guess. There are just to many variables that
can occur which could effect the resulting price action.
Ira
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Stan Book
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">Realtraders
Sent: Monday, January 27, 2003 8:25
PM
Subject: Re: [RT] DJIA - the next 4
years
A number of intelligent folks equate the 2000
top with the 1929 top. Ittook a quarter century for the DJIA to exceed
the '29 high, and a decade anda half to convinvingly break out above the
1000 ceiling after the '66
top.
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