To: Zeev Hed who wrote (50653 ) 7/27/2000 10:36:17 PM From: d:oug Read Replies (1) | Respond to of 116798 Zeev, Question: Is the trend still your friend? Helpful Hint/Warning: For those captured in this dougak babble post and wish to both escape and continue, then scroll down until you see the following. (Thats the end/conclusion of this post.) ================ Doug, GET a LIFE ================ Playing markets for fun, profit or lost, i do not do. Once i SI'ed BookMarked you, but it was no fun and games, too serious and technical. Even the joking around & kidding was done using a scientific method. No resulting entertainment. Like watching folks work. Hopefully you enjoy your craft, as you do it well based on the number of other people watching and following you. But now a wondering from i about that place called the Nasquack or Nasdaq or Nasduck. Not about companies or money, but its trend of one year ago to today. First a social phenomenon called "Progress by and for the Human Race." Talking more about basic living conditions, those things each generation developes through hard work and finally accomplishes and passes them on to the next generation that can not believe that they did not exist in your time, like indoor plumbing. Not talking about bread here, as one can live in the middle of a location that contains the greatest and most advanced modern wonders of mankind, but one cannot buy a good loaf of bread, while one living in a remote village in France, that just installed indoor plumbing, always had bread wine and fresh vegtables to represent correct rather than progress. I now invoke any Gypsy dna i may have that was added to my Polish tree branches and see if i can flimflam you into a purchase of a bottle of Doctor Good. 199 proof at 60 degrees F. inert volume - 1/2 of 1% ron reeces peanut flubbers cut paste pieces Now, year 1 technology = 1 year 2 technology = 2 year 3 technology = 3 But what is noticed by society, as in change. First, lets not try to understand what i mean by a technology increment of 1, as i do not know, except to describe it as a slow steady increase in the standard of life living, like indoor plumbing, and not like a new unlimited energy source. Eventhought each year has the same amount of technology increment, it may be ok to assume that each step has a standard of life increase greater than the prior. To use a stinky example, as it understood easily. From a behind the bushes to an outhouse to indoor toilet, the change is of an equal technology step, but the second one is a much nicer one that the first one. Please agree as i do not want to get into details. thanks So for each 1 year increment there is a 1 technology increment. Plotted on a child's graph paper X-Y, its a straight line. Now plot each years increment with the "felt better" human result. As i mentioned above, its more than an addition of the same amount. Doug, GET a LIFE ================ This post is going on too long, so i jump to the end part. Follows is the Nasdaq plotted for one year past, on Yahoo. Its value is on Y axis using a logarithmic grid, and if one takes a ruler and places the top edge of each end, the inbetween chart aligns with the ruler as a straight line except that the hump which looks like a car tire used long ago that had inner tubes and when there was a hole or other non normal tire surface, that bubble would poke out, meaning not good, fix me, put me back inside so i look like before. So ignoring that bubble, extend a straight line and it seems that if this trend is what should be, then the curent value of the Nasdaq is where it should be, and no further drop will occur if economy remains steady. Using a grid like those squares, and its a roller coaster trip.quote.yahoo.com ^IXIC&d=1y So Zeev, is this a valid trend that says the Nasdaq today is at a correct place, and with no bomb shells, the Nasdaq will not go lower, and will only go higher at a slow and steady pace with no big moves up or down if economy steady? doug