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Strategies & Market Trends : P&S and STO Death Blow's
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To: ajtj99 who wrote (5340)8/18/2002 1:52:36 PM
From: 16yearcycle  Read Replies (3) of 30712
 
Augie or ajtj,

Do you guys have a way of laying the 1929-33 market over the current nasdaq market? It should be clear by now that my whole point is that using that map would NOT indicate a spring low, but would indicate we already have the lows, or more likely, we hit the lows in late fall around 1000. If we use the Japan, its not a great correlation anymore...in 28 months we have fallen a larger % that they did in 12 years.

It looks to me like one more major break fits ok with 32-33 but not two more. Maybe I am wrong. I think it would be useful to look at an overlay. The mcri link I use doesn't show the whole picture, just two calendar year pictures.

Thanks in advance.
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