Shark, in the rundown of summation smashes, a common denominator is the fact that they generally took two months to get from the high to the summation low point. I'm wondering if this may mean that we have seen the bulk of the decline, with a series of retests to follow, and that at worst, throwing in August-September 1990, the downside risk might be another 4 percent at most.
Vitas
9/10/98, -3562, started at 645 on 7/20/98; net change 4207
10/29/87, -1976, started at 1695 on 8/18/97; net change 3671
3/28/80, -2157, started at 1832 on 1/28/80; net change 3989
12/7/73, -1645, started at 2427 on 10/12/73; net change 4072
5/27/70, -2247, started at 710 on 3/9/70; net change 2957 |