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Strategies & Market Trends : today's chart

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To: Claud B who wrote (424)	8/18/1997 8:54:00 PM
From: Claud B	of 1267

Much has been written in the press about how this market is lining up similar to 1987. I have conducted a little back-research and find the only similarity to be that in both cases the Dow was extended and overpriced. But that's all. See the enclosed chart of Interest rates comparing Bonds Now and Then. (The charts scale is inverted to show "rates" not prices.) Similar exercises using the Dollar, Advance/Decline and 10 Day High-low indexes show similar differences. pw1.netcom.com

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