Re: [RT] Back to 1996

["SergeyTS" <timingsolution@xxxxxxxxxx>]

It is really interesting!!!

I believe this is (adjustment DJIA to CPI) important for long term forecast. Kind of detrending.

 

Best regfards.

Sergey.

 

 

 

----- Original Message -----

From: Pete Lieber

To: realtraders@xxxxxxxxxxxxxxx

Sent: Monday, January 12, 2009 11:02 AM

Subject: [RT] Back to 1996

Starting January 1929 I used monthly CPI figures to adjust the monthly DJIA price. At the beginning of 1984 the CP Index was pegged at 100.  The attached DJIA chart has the DJIA at Friday's close standing at an inflation-adjusted price of 4048 which is below December 1996 inflation-adjusted price of 4066.  If you believe as I do that the CPI does not reflect real-world inflation then the current inflation-adjusted DJIA price should even be lower.

__._,_.___

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___