another bubble run, page-110

Been playing with Dow charts and others.

First chart is a long term log SPX with a trendline riding the '50's and '60's tops.




Now if we close in we see how that line was support for a pullback in '98 and one in '01.

Not only that but a 40.9 square gives 1673 (and I have a 1665 number I forget I how I got for the moment, lol).





OK, so that suggests a rough Dow 15,000 figure, which would have all the hoopla of 10,000.

The last chart is a Dow log from '28 and an equal percenatge of '32 to '73 and '74 to whenever, gives 14,998!

Just fun.





I do expect a pause in the US for a bit and a final surge. Whether we get the final surge I am not so sure.