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Re: MKT - DJIA (daily) - Where to Now (per SM)



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Clyde

The original prediction is holding on very well on the green line from
the original message. Any update?

Regards, DanG

Clyde Lee wrote:
> 
> The attached analysis uses DJIA data back to 1921.
> 
> Since that time there have been 249 instances of
> 06 type swings.  If we average these 249 swings into
> just 3 sets of swings we see that in two out of three
> cases we can expect UPSIDE movements.
> 
> However, one such possibility has passed and we are
> now 50:50 for UP or DOWNSIDE movement.
> 
> If Friday was truly a reversal then Monday you should
> jump on the market 'cause 9250 ain't too far away.
> 
> However, if Friday was not a reversal then we can
> expect downward movement for a considerable period
> of time.
> 
> Time will (as always) tell.  See if history does
> repeat itself.
> 
> Clyde Lee
>