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Strategies & Market Trends : Trader J's Inner Circle
NVDA 193.23-2.9%3:59 PM EST

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To: ColleenB who wrote (45710)8/10/2001 3:31:18 PM
From: furrfu  Read Replies (4) of 56532
 
Colleen, Back in March I posted monthly charts of COMPX and INDU with regression lines of 2 std. deviations. As soon as I figure out where my webpage is, I'll give you the links.

Using the period 10-88 thru 4-92 (because it was close to 12% per annum) to draw the line, the line was just under 1000 for mid-2001. As we stand today, we are clocking along at ~16% Year-Over-Year growth since the late Eighties!

I would like to think that Max and CD are out of their respective heads, but I lean more towards their position than toward the one that says the bottom is (almost) in.

Doug

p.s. At least the Naz has done some correcting. The Dow is even farther out of whack.
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