Dow 12,000 is very possible

The trending action of today's downside seems to confirm there won't be any support til about then. I am still flat after covering shorts this morning. Hope my calls have helped some, even if I try to put some color into something that's often boring 90% of the time, and panic the other 10% of the time. As I said before, 1937 pattern appears to be on track... for whatever reason. We're still in consolidation phase, and I still see a turn, whether its from highs or from lows, around june.

DC, I'm sorry to ask because I'm sure you've posted it a million times before -- but if you have a 1937 analog chart, or a table of analog dates with highs/lows, could you post it? I'm not able to get data back that far. I'm sure I'm not the only person who'd appreciate it.

I got my data from Yahoo a while back.. not sure if its still there. I'll see if I can export it to excel and upload it somewhere for those interested in downloading it..

This is a chart of 1937 Crash. In US stock trading was conducted during weekends through 1952. However, data for weekend trading is usually not provided. This chart includes weekend trading, however, only closing prices are available for those dates, but all volume data is included.

Edited by linrom1, 11 April 2008 - 08:06 PM.