Dow 11522 and Comeau's prediction.greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
Today the Dow closed at 11522.56 or about 46 points away from Jean Comeau's predicted high turning point. See my earlier posting for his technical analysis why this would be crucial.
In reply to some posters, Comeau is not a deity. He could very well be completely wrong in his predictions. However, if you have ever subscribed to financial newsletters, you would quickly appreciate the clear cut nature of his predictions. If the Dow plows past 11569, then Mr. Comeau is wrong and should be dismissed. Mr. Comeau is a CTA, which is registered Commodity Trading Advisor, and has nothing to do with Gary North's opinion's on christianity. Comeau's theories will either stand or fold on what happens on the stock market. His approach toward predicting the future of stock market price changes (probably the most risky business in the world) is based on technical analysis, and I am sure that their are many such analysist's who would disagree with him, preferring their own methodology.
-- Sure M. Hopeful (Hopeful@future.com), January 07, 2000
Hopeful, Would you happen to have a website or number where I could also get a copy?
-- (email@example.com), January 07, 2000.
Scroll down this page for the thread, "Comeau's Stock Market Prediction" and in there is the URL for the Long Wave list group where I first saw his prediction. I copied it for this group.
The Long Waves discussion group has a lot of high power financial personalities, and they are primarily concerned with the moves in the stock market. Originally it was intended to discuss the stages of the economic cycles, but seemed to become fixated on investments. Good people, with strong opinions, not for the weak of heart.
-- Sure M. Hopeful (Hopeful@future.com), January 07, 2000.
All realists know that the current stock mania will inevitably reach the final expiration notice. Then comes the Crash of the Millennium.
-- dinosaur (firstname.lastname@example.org), January 07, 2000.