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

To: Vitas who wrote (15656)6/2/1999 8:38:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Vitas, patterns do recur regularly in the market - but rarely when they are so close to each other in time. an interesting example of a pattern that was repeated almost exactly are the 1929 and 1987 markets. a juxtaposition of the two charts is positively uncanny. of course, in 87, the liquidation ended with the crash, whereas in 29 it *started* with the crash. but the pattern of the two years per se is almost exactly the same.

regards,

hb


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