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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Warpfactor who wrote (13249)4/12/2002 1:26:49 PM
From: Warpfactor  Respond to of 23153
 
MAybe we are close to an intermediate bottom:

This from this mornings Hays Report:

<<<I don’t like to include data that I haven’t personally checked out, but this one seems pretty interesting, so with a slight hedge clause let me quote a statistic that Peter Eliades gives in his review of yesterday’s 3.25 signal day reading. He list the times in the last decade that the single day reading has been as high as yesterday, and the ensuing market action.
March 12, 2001—Dow down 8% more over next 10 trading days to its bottom
April 14, 2000—Exact low close for the Dow—one lower close over next 6 months
August 31, 1998—Exact Dow closing low
January 9, 1998—Exact Dow closing low
October 27, 1997—Exact Dow closing low
Those were not all bull market bottoms, but they were at the very least very bullish short-term>>>>>

Warp