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The Bull In The Stock Market Sink

The Dow and S&P 500 one year performance projections remain bullish, even after the so called "Bloodbath On Wallstreet." The chart pattern performance projections have weakened from last time but remain bullish -- 75% of the Dow's simulations are bullish, and likewise 76% of the S&P 500. The visual search was conducted from 30 years of historical data. Bill Luby said it nicely, it's chart pattern recognition engine that looks at current chart patterns, finds similar patterns from the past, and uses past outcomes from those similar charts to generate a range of likely future outcomes from the current situation.

Dow - Performance Simulations For 2/27/07 To 2/27/08
 
S&P 500- Performance Simulations For 2/27/07 To 2/27/08