Hi Boyd

The 70 year cycle is used as a reference, give it a plus or minus 5 years for a
variable calculation . . . .

1857 plus 70 years = 1927
1932 plus 70 years = 2002
2002 plus 70 years = 2072

Once it (DJIA) is at it's depth it will take 2 to 4 years before we start to come
out of the depression . . . . and the recovery will be slow.

Regards,
D.R.(Don)McArdle