Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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

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To: James Strauss who wrote (7304)	1/3/2001 2:00:59 PM
From: James Strauss	Read Replies (1) of 13094

Returning To The Mean... ************************* Earlier today I posted the mean value of the Nasdaq at 2275... 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... The Nasdaq double bottomed at 2251 today... bigcharts.com It looks like we've finally bottomed... Jim

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