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To: Ilaine who wrote (82052)	3/18/2001 3:48:52 PM
From: AllansAlias	Respond to of 436258

I used MetaStock for that chart. Built the data file of the rate cuts using first a macro created in Epsilon (an Emacs clone) and then massaged and verified it in Excel before importing it to MetaStock as fake volume data. I have no problem using the Dow as a proxy when the view is wide enough. If you are looking at shorter periods of time, say just a few years, then the S&P is better. Yes, there were circumstances back then that were unique to the era. However, we have our own special circumstances today that are equally pernicious, perhaps moreso. People 70 years from now might look back at our current episode and say "Well, things were different back then because blah, blah, blah." I think the important things are rather more constant.