Roebear:
I've made that determination based upon historical evidence gathered these past 17 years: some historical text, some market analysis, some economic analysis, locally and worldwide, in addition to many current books and periodicals devoted to the same.
My 9,250 hunch, rather, is thus not something that can be arrived in a lineral fashion, but is more a deduction come upon after reflection and study of a composite of data. It is therefore, subject to modification as new evidence begins to weigh or old evidence to wane; indeed, is this not the case even with analysis of the most remote information: the quanta, whose energy state is never fixed but implied, as even the mere observation seems to change the nature of what is being observed. So it is with my idea of 9,250 as a DJIA point near market transition.
It would be difficult to arrive at the same conclusion without reading and studying the same materials. Indeed, you would need the benefit of newspaper and periodical microfiche with historical reference dating to about the antebellum. And even if you had, I rather doubt the same conclusion would be reached.
Yours, T.V.H. |
