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

To: Chip McVickar who wrote (39228)	3/31/1999 2:15:00 PM
From: Jon Stept	Read Replies (1) \| Respond to of 94695

Chip, re: "10% moves into the future..." Hi Chip, I have thought of extrapolating it, but I there is no apparent linear, or even logarithmic pattern to the moves. The 10% moves after reaching a milestone: 1000 on 11/14/72. 10% step to 1100 reached on 2/24/83. Over 10 years. I think we were in a recession. 2510 on 7/17/87. 10% step to 2750 closely reached on 8/17/97 at 2700 Then Black Monday on 10/19/87 took out %23 and 2800 was reached on 2/2/90. About 2.5 years. 5000 on 11/21/95. 10% step to 5500 reached on 2/8/96. 2-3 months. My next step would be to correlate the 10% moves with economic and political data. Jon :)