From: John Conover <john@email.johncon.com>
Subject: DJIA Closed Above 10,000 Today
Date: 11 Dec 2003 22:37:00 -0000
The DJIA closed above 10,000 today, for the first time since May 24,
2002 when it closed at 10104.03. (At its maximum on January 14, 2000
it closed at 11723.00.)
And some bragging rights-look at:
http://www.johncon.com/john/correspondence/020508170137.5425.html#addendum-decline
third sentence below Figure VIII where it says the deviation of the DJIA
past January 14, 2000, (when the DJIA was at its maximum,) would be:
2.71828182846 ** ((0.00017098538 * x) - (0.010988 * sqrt (x)))
which has a minima 1,032 days past January 14, 2000; and that would be
on November 11, 2002. The minimum actually occurred on October 9,
2002, (when the DJIA closed at 7286.27,) an error of only 33 calendar
days. The projection was made-and posted on the Internet-on July 26,
2002.
Granted, a 33 day error was a little bit of good fortune, too.
John
BTW, the US GDP section on the same page:
http://www.johncon.com/john/correspondence/020508170137.5425.html#addendum-usgdp
(look at the last sentence,) was a moderately accurate projection made
at the same time, too. The projections on the California Gubernatorial
race at:
http://www.johncon.com/john/correspondence/020508170137.5425.html#appendixIII
which were made 57 days before the recall election turned out to be
quite accurate.
--
John Conover, john@email.johncon.com, http://www.johncon.com/