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Strategies & Market Trends : Investor sentiment surveys - a technical indicator

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To: Q. who wrote (1)	4/3/1997 6:02:00 PM
From: Lars	of 167

john, i tried the following on my hp calc..... $1 grows to: yr 1 15% 1 + .15 = 1.15 yr 2 -5% 1.15 - .0575 = 1.0925 yr 3 11% 1.0925 + .12018 = 1.21268 pv = $1 fv = $1.21268 n = 3 % = 6.638% this matches your example.....but i appreciate you and the others bearing with me...... $1 grows to: 1987 4.7% 1.047 1988 16.2% 1.2166 1989 31.4% 1.59863 1990 -3.3% 1.54588 1991 30.2% 2.01273 1992 7.4% 2.16167 1993 9.9% 2.37568 1994 1.2% 2.40419 1995 37.4% 3.30335 1996 22.84% 4.05784 pv = $1 fv = $4.05784 n = 10 % = 15.03486 what are your thoughts? is this coincidence? thanks for your input... lars

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