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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (18626)	3/15/1999 11:50:00 AM
From: donald sew	Read Replies (2) \| Respond to of 44573

Fred, Its interesting to hear from many that once we hit 10,000 the market will zoom up dramatically/immediately and such will also force the market internals to improve. ROCKETMAN on the MDA thread did a study of what happened in the 9 previous times the DOW hit the "THOUSAND MARK". That study showed that the DOW on average only increase 1.42% more over the next month after surpassing the "THOUSAND MARK". Only once did the market continue up hard. Take a look: Message 8321059 Statistically, it is still not really acceptable, but I rather go with that than some analyst who feels it will zoom up alot more because the media will make it an event and thereafter money will pour in. Seeya