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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: NewKit who wrote (7295)1/3/2001 10:56:17 AM
From: James Strauss  Read Replies (1) of 13094
 
Returning To The Mean...
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NK:

I went back to the beginning of 1998 on the Dow, S&P, and Nasdaq and applied a normal 10% growth rate from that point... We get 10,400 Dow, 1262 S&P, and 2275 Nasdaq values on a 10% compounded growth rate... That would bring us back to the mean while eliminating the excesses of the past three years...

Jim
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