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Posted by on October 9, 2008, 7:12 pm
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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