Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (31113)	10/10/1998 1:10:00 PM
From: HairBall	Read Replies (3) of 94695

GZ: Prechter is now predicting DOW 400 before this whole thing is over. Understanding that the Dow Industrials 30 Stocks Average is achieved by giving each stock a weighting based on its price at the end of the day and using the current multiplier of approximately 4.1194 to come up with the Indice numbers. Prechter's prediction would indicate that the average price of the Dow Industrials 30 Stocks would have to drop to approximately $3.2367 based on Friday's close! I just don't buy that...but I might short it...<g> Regards, LG

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