Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

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

Come on calling DOW 7000 seemed like a stretch but MA's of charts starting from late 1980's did allow one to opine that call.

My only complaint is that todays S&P composition is not comparable to composition of S&P in 1982. Why don't you go back and chart a basket of stocks like IBM GE XRX et al or Wilshire 5000 or some measure that hasn't radically changed as much. Better yet chart G DD PG CL Goodyear or some companies that do the same thing as they did 20 years ago but much more profitably as I imagine that they do.