Punto and the DJIA

I think the Dow Jones is going to be OK. Your 401k plan is safe,
thanks to Nick Punto.

If you track Punto's OPS and overlay it on the DJIA, with an
adjustment for time factor, you get a pretty decent mirror image.
That is, just as Punto's OPS took a nosedive in 2007, down to .562, so
did the DJIA take a dive in autumn of 2008, down to 8,451.

But look at Punto's OPS in 2006 and 2008--it was .725 and .726. Look
at the DJIA in October 2007--it was 14,093. I daresay that by this
time next year, just like Punto's OPS recovery, the DJIA will have
recovered back to the 14,000 range.