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Re: mike2223 post# 12386

Tuesday, 08/06/2002 7:35:20 PM

Tuesday, August 06, 2002 7:35:20 PM

Post# of 704047
I use Crash Value to calculate the Dow and SPX expected bottoms.

Crash Value lines up with the H&S target of 3800 on the Dow. It is a bit more optimistic on the SPX, having around 490 as Crash Value while the H&S target is about 300 on that index.

Crash Value is calculated from the 1982 base lows with a 7.5% annual rate of return, which is fair considering the dividend cuts we've seen in the past decade.


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