Sad DJIA statistic

Oct 09, 2008 0 Replies

Yesterday, I extrapolated a trend line to present day based on



1983-1995 DJIA daily prices.

At the present average rate of decline, we are just 5 days away from hitting or dropping below that trend line (7251.32 on day 5).



It's a stupid statistic. I hope I'm wrong.


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