Conference nyoss1::market_investing

765.0. "September Song" by VMSDEV::HALLYB (Fish have no concept of fire) Mon Sep 05 1994 15:52

    The 31-Aug-1994 DOW close was 3913.42.
    
    Historically September has been a bear month, with the market declining
    a huge fraction of the time. This usually carries over into October
    when the low for the move happens, and things turn around.
    
    Nobody knows for sure, but 1994 appears to be no exception. The recent
    top on August 30th projects a low on October 24th. Now appears to be an
    excellent time to do any selling, especially of underperformers. Or if
    nothing else, hold off on doing any more buying until October.
    
    I don't believe we'll have a crash, but the market's performance over
    this summer has been pretty anemic. This indicator of weakness usually 
    means the next move down will be farther than average. We could test
    the April 4th low just below DOW 3600, i.e., 300 DOW points in 7 weeks.
    
    A DOW close above 3917.30 would negate this analysis and projection.
    
      John

	I am interesting in technical analysis.

	But my french daily server often gives be corrupted data 
	on foreign stocks, especially Dow Jones.
	(some confusions on open/lower and higher/close datas)
	(This doesn't authorize me to study correctly Stochastics for ex.)

	Please, may somebody be enough kind to transmit me about one year
	, more when possible, open/lower/higher/close data for DJ

	don't mind about format; I'll translate.

	Thanks.

    
    Too, I am usually looking at changes graphics, especially US$/FF .
    
    I am waiting a very nice triple bottom on this graph. Just waiting
    because the thrid bottom is beeing drawn, not yet complete.
    
    Quite the same thing on US$/Yen and US$/DM
    
    Could this mean the end of commercial US/Japenese negociations will
    end correctly at the end of september ?
    If yes , US$ will stop slowing down, may be will awake sudently.
    
    Then september 94 should be the exception.
    
    PAscal