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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Joseph G. who wrote (28457)	9/20/1998 6:27:00 PM
From: Doug R	Respond to of 94695

Joseph, Draw the line from 11/94 on a linear chart. Then get back to me. The last 4 years climb has been entirely orderly. Doug R

To: Joseph G. who wrote (28457)	9/20/1998 9:44:00 PM
From: yard_man	Read Replies (2) \| Respond to of 94695

Thanks again. I wasn't just referring to the actual increase in the value of the DOW or S&P. Clearly, the whole market, if it is thought of as one big dynamical system, is highly nonlinear. As such, moves that appear as straight lines are the exception rather than the rule. Straight lines are simply the tools that some use to apply to analyze aspects of the market's behavior, right? Cycles, waves, stick figures, whatever description one could employ to describe the markets -- the worst in my book is a straight line.