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To: Imuah who wrote (70112)10/19/1999 6:26:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
Imuah, in the same vein, the Dow touched the 250% exponential trading band above it's 20-year moving average already twice in the '90's...the first time was in '97 the second time in '99. in '29 it topped out 4% below that band.

it is of course very rare for the Dow to come near that band and it usually portends a period of muted returns for stocks ahead. in the case of '29 it was actually VERY muted.