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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sonny Blue who wrote (13455)5/10/1999 6:17:00 PM
From: HairBall  Respond to of 99985
 
Sonny Blue: Well, I have data back to 1970, but I do not have the time to check that little statistic out, today.

Maybe someone else can help you with that one...

Regards,
LG



To: Sonny Blue who wrote (13455)5/10/1999 9:02:00 PM
From: donald sew  Respond to of 99985
 
Sonny,

>>>>>I read somewhere today saying that "last week the Dow had gotten 21% over its 200-day moving average of 9116, a level which historically augurs a 12% decline for the average in the 59 days that follow"<<<<<

I have also heard something like that, but dont remember where. Regardless, what is interesting is that the 59 days would put it very
close to the 9-month cycle bottom at JULY 8, so the timing is in line.

seeya


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