Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Tommaso who wrote (92720)	7/24/2001 7:26:18 PM
From: Sharp_End_Of_Drill	Read Replies (1) of 95453

Tommaso, those people who like to draw lines on charts to predict the future should pull up a long term graph of the DJIA. Draw a straight line from 1982 to about 1995 (which was the end of normalcy) and you would project a dow at about 5,000 and change. Note: this works best with linear scale plots. Another interesting thing I noted when I did this on Yahoo was that after the depression it took until about 1955 to reach previous highs. Think it could happen that way again? Note: this works best with log scale plots, otherwise you can't see the 20's boom clearly. Sharp

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