annual pivots for the dow jones industrial average now below 9000

future pits players use pivots to figure out trading levels for the next day, week, and month.

some investors extend this into years and even decades.

the annual calculated pivots for 2008 off the index levels of 2007 are:

2007

high 14198.10

low 11939.61

close 13264.82

2008 annual pivots

r3 17651.16

r2 15392.67

r1 14328.74

pp 13134.18

s1 12070.25

s2 10875.69

s3 8617.20

so far in 2008 the range has been as of now

high 13364.73 

low 8898.02

recent 8917.89

paul