Can you draw a straight line?
by Ron Jaenisch
The stock market has reached record highs and the markets are dominated by large financial
institutions with vast computer systems to aid them in their decision making. If the average investor turns
to the experts who write newsletters, varying opinions will be found. These days, if one doesn't have a
personal computer, one supposedly isn't managing his or finances properly.
Even with all this technology, the question often remains: Is this the end of the move or will it go further?
Now, the investor with even the most sophisticated computers can get the answer by simply drawing a
straight line. The reliability of this method is really uncanny.
Here's how it works, as illustrated in Figure 1: