Sorry. Dow 2000-3000 is a mistake. It is a log number. After carefully look at the chart, it is around 4000, but it is time dependent. Ultimately it is < 5000. The later, the higher, the sooner, the lower. You can refer website: http://www.marketcalls.in/2008/1 ... is-from-steven.html for this.
In 1982, the Dow was below 2000, right? Did anybody stop trading at that time?
I like all your posts. I initiated this post for discussion on my prediction on mid-term trend. The CycleproAnalysis does not have to be updated everyday and I believe that chart should be able to keep its value for decades. Wave theory was published in 1934 and we are still citing that book. As I said I agree with that prediction. If you understand that chart very well, why don't you point it out the precisely instead of attacking here? Cobra has his vision. I would like people here (or HH) to comment on the midterm trend, which would be more helpful.
首先要说明,对LZ个人的探讨没有敌意。
撇开内容不谈,作为一篇“文章”而言,是不及格的。经LZ解释后,大家才知道本文是一篇“读后感”。既然是“读后感”,首先应该说明是原文是那篇文章。否则,读者不明白“本人基本同意”是什么意思。
LZ明显地曲解了原文的图解:“This is a 200 year history of US stocks with yearly Hi-Lo-Close bars all adjusted for BLS inflation rates.”
只要1966-1982 DJI 的绝对值就知道了。不管是2000-3000,4000,还是〈5000,都是LZ的臆想。