• 1,107 days Will The ECB Continue To Hike Rates?
  • 1,107 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,109 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,509 days Could Crypto Overtake Traditional Investment?
  • 1,513 days Americans Still Quitting Jobs At Record Pace
  • 1,515 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,518 days Is The Dollar Too Strong?
  • 1,519 days Big Tech Disappoints Investors on Earnings Calls
  • 1,520 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,521 days China Is Quietly Trying To Distance Itself From Russia
  • 1,522 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,526 days Crypto Investors Won Big In 2021
  • 1,526 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,527 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,529 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,529 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,533 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,533 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,533 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,536 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

Monthly DJIA Update: 5/30/03 & 4/28/78

Here's an update of the 4th Monthly DJIA line chart in my August 31, 2003 communication:

For 5/30/03 and 4/28/78 to remain a pattern pair the Monthly DJIA must show a net downside bias from 5/30/03 to 5/30/05, roughly tracking it's 4/28/78 to 4/30/80 path.

The rise since 5/30/03 is probably either the beginning of a deviation from the post 4/28/78 path which will eventually invalidate the pairing, or more of the greater amplitudes demonstrated by the pre-5/30/03 action versus the pre-4/28/78 action.

Back to homepage

Leave a comment

Leave a comment