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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ajtj99 who wrote (61895)5/5/2002 11:39:46 AM
From: Les H  Read Replies (2) of 99280
 
If you plug in the lows for the S&P 500 on October 1990 and on December 1994, you get an average annual return of 10.46 percent. Since the September 2001 low is currently resting on the 10.59 percent annual return trendline, that would indicate the market should break the lows by 10-20 points.
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